Saudi Arabia’s 2026 budget: 1.14 trillion riyals in revenues and 1.3 trillion expenses

I estimated The state’s general budget for the year 2026 indicates that the expected revenues include: taxes amounting to 412 billion riyals, taxes on goods and services amounting to 33 billion riyals, taxes on trade and international transactions amounting to 28 billion riyals, and other taxes amounting to 39 billion riyals, in addition to other revenues amounting to 735 billion riyals.

She indicated that Expensesare distributed among operational expenses amounting to 1.151 trillion riyals, workers’ compensation amounting to 584 billion riyals, and goods and services amounting to 247 billion riyals.

She pointed out that the expenses include: financing expenses amounting to 64 billion riyals, subsidies amounting to 30 billion riyals, grants amounting to 5 billion riyals, social benefits amounting to 99 billion riyals, other expenses amounting to 121 billion riyals, and capital expenditures. At 162 billion riyals.

It stated that the deficit rate estimated at 165 billion riyals is 3.3% of the GDP.

Public debt

The ministry said in the statement: The expected public debt in the Saudi budget for 2026 is estimated at 1.622 trillion riyals, at 32.7% of the GDP.

It added that government reserves at the Central Bank of Saudi Arabia are estimated at 1.622 trillion riyals. With 390 billion riyals.

Sector allocations

According to the statement of the Ministry of Finance, spending at the sector level in the Saudi budget for 2026 includes: 57 billion riyals for public administration, 240 billion riyals for the military sector, and 120 billion riyals for security and administrative areas.

She explained that the expected spending at the sector level in the Saudi budget for 2026 includes: 72 billion riyals for municipal services, 202 billion riyals for education, and 259 billion riyals. For health and social development.

It stated that the expected spending for the economic resources sector is estimated at 92 billion riyals, while the basic equipment and transportation sector amounts to 35 billion riyals, and general items are 236 billion.

It expected that expenditures on sectors in the 2026 budget would decrease by 1.8%, compared to the 2025 budget.

3 scenarios

The Ministry of Finance identified 3 scenarios for budget revenues. In 2026, it includes: the highest scenario with revenues of 1.206 trillion riyals, expenditures of 1.313 trillion riyals, and a deficit of 107 billion riyals.

She added that the lower scenario is 1.063 trillion riyals in revenues, 1.313 trillion riyals in expenditures, and a deficit of 250 billion riyals. While the basic scenario is 1.147 trillion riyals in revenues, 1.313 trillion riyals in expenses, and a deficit of 165 billion.

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