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المشهد العربي
Moody's: Saudi Budget Focuses on Spending Control
Moody's has confirmed that Saudi Arabia's budget demonstrates a strong commitment to controlling and rationalizing spending, despite expectations of a wider fiscal deficit in 2026. The agency forecasts a contraction in GDP of 3.3% in 2026, followed by robust growth of 8.5% in 2027, with the government continuing to pursue fiscal recovery and sustainable public debt levels, which may reach around 40% of GDP by the end of the decade. There is an emphasis on the importance of efficient expenditure management in maintaining the kingdom's credit rating.
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