Al-Jad'an: Managing Public Finances Long-Term
Minister of Finance Mohammed bin Abdullah Al-Jadaan affirmed that Saudi Arabia's 2027 general budget is set against a global economic environment filled with uncertainty and ongoing geopolitical developments. He explained that the Kingdom continues to manage its public finances strategically for the long term, focusing on spending on developmental priorities and achieving fiscal sustainability, while maintaining a strong financial position by reducing the deficit and balancing expenditure with non-oil revenues, all in parallel with adapting to changes and crises.
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