Analysis

FY 2025 Budget approved with $27bn deficit forecast

Saudi Arabia the state budget for fiscal year 2025 with revenues projected at SR1.18 trillion ($315.73 billion) and expenditure at SR1.28 trillion, leading to a deficit of SR101 billion. Saudi Arabia’s Real GDP growth is projected at 4.6 percent in 2025, up from the 0.8% in 2024
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