> Saudi 2025 budget sees lower deficit on spending trims / 36NB6YP
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Saudi 2025 budget sees lower deficit on spending trims / 36NB6YP
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Description
Saudi Finance Minister tells reporters in Riyadh that in 2025 "revenues are projected to reach approximately 1.184 trillion riyals, with an anticipated deficit of about 101 billion riyals." Saudi Arabia approved a budget for 2025 that projects a smaller deficit than last year as officials recalibrate a reform drive meant to transition the economy away from oil. IMAGES AND SOUNDBITES