Al -Jadaan: The 2026 budget establishes the strength of the financial center of Saudi Arabia and supports growth #Urgent
Finance Minister Muhammad Al -Jadaan said: The budget in the year 2026, aims to consolidate the strength of the financial position of Saudi Arabia, and to ensure the sustainability of public finances, in parallel with support for economic growth." target ="_Blank"> Spending Development and Social, and the keenness to move forward in implementing structural reforms that enhance financial and economic efficiency and sustainability." target ="_Blank"> Public debt to GDP is still at relatively low levels compared to many other economies, and they are within safe limits compared to the size of the economy, supported by significant financial reserves, which gives the Kingdom’s financial policies the ability to balance the requirements of growth and sustainability, and flexibility to intervene in response to shocks or in the case of crises or emergency needs. /> He added: "In light of the continuation of the state of global uncertainty during the year 2026 AD and the medium term, as a result of the possibility of continuing geopolitical tensions and the tightening of preventive policies, and the Kingdom is part of the global economy. It continues to monitor and analyze these risks, as an essential element in enhancing the efficiency of financial planning, as well as directly directing policies; To face potential global economic challenges, and reduce their negative effects."
