Strategic Deficit Spending Fuels Saudi Progress
The Kingdom of Saudi Arabia has been intentionally operating with a budget deficit as a strategic step to reach its ...
Wednesday, December 18
08:35
08:35
Tag: budget deficit
Aramco Maintains Hefty Dividends Amid Economic Challenges
In the face of declining profits, Aramco has chosen to preserve its substantial $31 billion dividend distribution to the Saudi ...
Saudi Arabia’s Q1 Fiscal Review: A $3.3B Deficit Noted
Saudi Arabia disclosed a budget shortfall of 12.39 billion Saudi riyals (around $3.303 billion) for the initial quarter of 2024, ...
Saudi Arabia Reports Reduced Quarter Deficit
Saudi Arabia has reported a first-quarter budget shortfall of 12.4 billion riyals ($3.30 billion), the Finance Ministry announced, citing elevated ...
Saudi Arabia’s Fiscal Performance in Q1 2024
In the first quarter of 2024, Saudi Arabia reported a budget shortfall totaling 12.387 billion riyals, which is equivalent to ...
Saudi Non-Oil Revenue Surges in Q1 2024
In a recent financial assessment, Saudi Arabia has reported a notable 9 percent increase in non-oil sector revenues, reaching SR111.51 ...
Saudi Arabia Raises $11 Billion Through Syndicated Loan to Fund Budget Deficit
Saudi Arabia Raises $11 Billion Through Syndicated Loan to Fund Budget Deficit Saudi Arabia has secured a syndicated loan of ...