Money and business

The introductory statement of Saudi budget 2026: Revenue of 1.14 trillion riyals .. and 1.31 trillion expenses


The Ministry of Finance announced the preliminary statement of the state’s general budget for the fiscal year 2026 AD, with revenues of 1.147 trillion riyals, 1.313 trillion riyals, and the deficit of 165 billion riyals." target ="_Blank"> Expatriate spending opposite the economic cycle, which is directed towards national priorities with a social and economic impact, and in a way that contributes to achieving the targets of Saudi Vision 2030, and diversifying the economic base." target ="_Blank"> The Kingdom’s economy Since the start of the Saudi Vision 2030, structural reforms have witnessed that contributed to improving the business environment and enhancing the role of the private sector and achieving the sustainable development goals, while preliminary estimates for the year 2026 AD show growth in the real GDP by about 4.6%, supported by the expected growth in the local product of non -oil activities. Positive for non -oil activities and continuing to implement supportive initiatives to positive developments in the medium term; The total revenue is expected to reach about 1,147 trillion riyals in the year 2026 AD, up to about 1,294 trillion riyals in the year 2028 AD." target ="_Blank"> Expenditures about 1,313 trillion riyals in the year 2026 AD, up to approximately 1,419 trillion riyals in the year 2028 AD; The acceleration of the pace of implementation of a number of programs and projects during the past period contributed to achieving concrete gains, and providing financial flexibility that enabled the government to enhance its ability to respond to developments and follow a reversal financial policy for the economic cycle. As a result of the continued adoption of the government, the policies of expansionary spending, aimed at continuing the implementation of projects, programs and initiatives with economic and social return, while maintaining financial sustainability. Which is expected to record a growth of about 5.0% at the end of the year 2025 AD. And in particular, through the issuance of bonds, sukuk and loans at a fair cost, in addition to the expansion of alternative government financing through project financing and infrastructure financing through export credit agencies during the year 2026 AD and the medium term.

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