The government has also given attention to support services and social Dec 21, 2020 · Saudi Arabia will cut its defense budget by 3
94% year-on-year to 990 billion rials
3% next year after its budget deficit widened dramatically due to a
Dec 16, 2020 · In initial statement, the ministry estimated public revenue in 2021 budget at SR846 billion ($225 billion) Arab News
Budget in Saudi Arabia has shown an improvement of Vision 2030 programs which has transformed the economy, spending efficiency and economy less dependent on Oil
3% and said deficit will jump to around SR298 bn this year as the kingdom tackles the impact from low oil prices and the coronavirus pandemic
Based on revenue of SR849 billion, the government is budgeting for a lower year-on-year deficit at SR141 billion in 2021 (-4
Government Budget
Drawing insights from the fiscal year 2020 budget statement, announced on 9 December 2019, the report assesses Saudi Arabia’s fiscal and economic developments, and describes the progress the country has made in diversifying the economy
Total spending is seen shrinking from 2020 and revenue is expected to rise markedly as the economy recovers, with the fiscal deficit forecast to narrow
Dec 15, 2020 · In initial statement, the ministry estimated public revenue in 2021 budget at SR846 billion ($225 billion) RIYADH: Saudi Arabia is expected to announce its budget for 2020 and the estimated budget
kpmg Government Budget Value in Saudi Arabia is expected to reach -284629