Section

Saudi Arabia posts budget deficit of $3.30 billion in first quarter

By Economic Times - 7 months ago
Saudi Arabia faces a Q1 2024 deficit of 12.387 billion riyals due to lower oil revenues. The kingdom plans giga-projects for economic diversification, with adjustments expected in the annual budget to address economic challenges.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.