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Saudi 2027 Budget: Non-oil Revenues Tripled
Saudi Arabia's 2027 budget has seen significant growth in non-oil revenues, more than tripling over a decade—from approximately 166 billion riyals in 2015 to over 505 billion riyals in 2025. This strengthens the base of non-oil revenues, which now account for more than 45.5% of total revenues, reducing the gap between oil and non-oil income and increasing fiscal stability. Estimates predict that non-oil revenues will continue to play a key role in diversifying the country's income sources, supported by ongoing economic growth and positive results from financial reforms, despite the continued need to manage various aspects of the budget deficit.
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