Saudi Arabia approves 2025 budget with total deficit of $26.9 billion

Saudi Crown Prince approves the budget which set spending at 1.285 trillion riyals in 2025 and total revenues at 1.184 trillion riyals.

Tuesday 26/11/2024

Saudi Crown Prince Mohammed bin Salman

RIYADH - 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.