Saudi Fiscal Challenges: IMF Warns of Rising Government Debt
Saudi Arabia faces mounting fiscal challenges as the International Monetary Fund has sharply increased its projection for the kingdom's government ...
Friday, June 27
20:32
20:32
Tag: oil revenues
Saudi Economy Shrinks Amid Oil Decline
Saudi Arabia's economy shrank by 0.3% in 2023 compared to the previous year, primarily due to an 8.9% year-on-year decline ...
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 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 ...