13 Hrs
Source:
الاقتصادية
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Source: الاقتصادية
13 Hrsالاقتصادية
Source: الاقتصادية
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Saudi Arabia continued its record government spending in the first nine months of 2026, up 8% year on year to 1.1 trillion riyals, to support growth, projects aimed at diversifying the economy, and social support programs—despite lower oil production and geopolitical tensions. Spending rose faster than revenues, which reached 859 billion riyals, up 3%, resulting in a deficit of 244 billion riyals. The Ministry of Finance raised its full-year spending forecast to 1.44 trillion riyals and its revenue forecast to 1.19 trillion riyals. In the third quarter, both revenues and expenditures fell 4% year on year, to 259 billion and 343 billion riyals, respectively, leaving a deficit of about 84 billion riyals.
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