Budget deficit hits SAR 277 bn in 2025
Total expenditures surged 8% from initial budget projection, while total revenues fell 6.1% short of it.
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Total expenditures surged 8% from initial budget projection, while total revenues fell 6.1% short of it.
Saudi’s budget deficit could hit SAR 250 bn if oil prices soften and spending skyrockets
The gap was driven by a 20% y-o-y increase in expenditure and a 1% drop in revenues
Non-oil revenues contracted by 7% y-o-y in the fourth quarter
The debt portfolio’s average time to maturity (ATM) is currently at 9.5 years
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