Saudi Arabia has approved its state budget for 2025, which forecasts a fiscal deficit of SAR101bn ($27bn) or 2.3 per cent of GDP next year, as the kingdom continues to spend on massive projects under Vision 2030,

By Yousef Saba, Rachna Uppal and Nayera Abdallah RIYADH/DUBAI (Reuters) - Saudi Arabia approved its state budget on Tuesday for 2025 forecasting a fiscal deficit of 101 billion riyals ($26.88 billion),

Saudi Arabia on Tuesday approved a budget for 2025 that projected a smaller deficit than last year as officials recalibrate a reform drive meant to transition the economy away from oil. The expected deficit of $26.

Saudi Crown Prince Mohammed bin Salman on Tuesday approved the country's budget for 2025, state media reported, with a planned deficit of 101 billion riyals ($26.88 billion). The budget set spending at 1.285 trillion riyals in 2025 and total revenues at 1.184 trillion riyals.

Saudi Arabia has approved its 2025 budget, anticipating a fiscal deficit as it invests in Vision 2030 projects aimed at reducing oil dependency. Total expenditure is projected at 1.285 trillion riyals,

Saudi Arabia on Tuesday approved a budget for 2025 that projected a deficit of $26.8 billion as high spending continues on reforms meant to transition the economy away from oil.

Saudi Arabia's Ministry of Finance today (November 26) announced the state budget for FY 2025 with revenues projected at SAR1.18 trillion ($315.7 billion) and expenditure at SAR1.28 trillion ($340 billion). These estimates indicate a deficit of SAR101 billion ($26.8 billion), which represents about 2.3% of GDP, reported SPA.

Saudi Arabia's budget for 2025 has been approved by Crown Prince Mohammed bin Salman. It involves a planned deficit of 101 billion riyals, with spending set at 1.285 trillion riyals and anticipated revenues of 1.

Saudi Crown Prince Mohammed bin Salman on Tuesday approved the country's budget for 2025, state media reported, with a planned deficit of 101 billion riyals ($26.88 billion). The budget set spending at 1.

Saudi Arabia on Tuesday approved the country’s general budget for the 2025 fiscal year, forecasting a total deficit of 101 Saudi riyals ($27 billion), the kingdom’s Ministry of Finance said, as reported by state news agency SPA.