Saudi Arabia, GDP and 2024
Saudi Arabia Projected to Widen Fiscal Deficit for 2024 Amid Vision 2030 Economic Expansion
Saudi Arabia's 2024 fiscal deficit is expected to widen to 2.9% of GDP as spending increases to fuel growth and meet Vision 2030 objectives, despite lower oil prices. The government forecasts real GDP growth of 0.
Saudi Arabia expects deficit of 2.9% of GDP in 2024
Saudi Arabia expects to post a fiscal deficit of SAR118bn, wider than the SAR79bn projected in the 2024 budget statement last December.
Saudi Arabia expects deficit of 2.3 per cent of GDP for 2025
The Saudi Ministry of Finance announced Monday the Pre-Budget Statement for Fiscal Year 2025, which estimated a deficit of 2.3 per cent of Gross Domestic Product (GDP). The statement expected total expenditures to reach 1.
Saudi Arabia expects 2024 deficit to widen to 3% of GDP
Saudi Arabia estimates its 2024 fiscal deficit will widen to almost 3% of GDP, according to a government statement on Monday, as it increases spending to boost growth and meet the objectives of its Vision 2030 economic transformation plan.
Oil-rich Saudi Projects Budget Deficit Through 2027
The Arab world's biggest economy Saudi Arabia announced Monday it anticipates a budget deficit of 2.3 percent of GDP in 2025, projected to continue over the following two years.
Saudi Arabia expects larger budget deficits on Vision 2030 spending boost
Saudi Arabia expects its budget deficit to widen this year and next as the Arab world's largest economy boosts spending to finance its economic diversification agenda under the Vision 2030 plan. The kingdom's deficit will reach 118 billion Saudi riyals ($31.
Saudi Arabia Pledges to Send Funding for Palestinians
An expected cash infusion for the Palestinian Authority would signal renewed Saudi backing for Palestinian statehood and help ...
The News International1h
Eight people flying to Saudi Arabia, Azerbaijan arrested by FIA at Karachi airport
KARACHI: At least eight passengers attempting to travel to Saudi Arabia and Azerbaijan via separate flights from Karachi were ...
الشرق الأوسط2h
Saudi Arabia Launches Tech Talent Hub Initiative to Boost Digital Economy Growth
The Saudi Ministry of Communications and Information Technology has launched the Tech Talent Hub initiative in collaboration ...
Construction Week Online2h
Saudi Arabia: Hyatt set to open 2 hotels in NEOM’s Jaumur
The two hotels, Park Hyatt Jaumur and Andaz Jaumur Marina, are slated to open in 2027. Saudi Arabia: Hyatt set to open 2 ...
Zawya2h
Saudi Arabia, Kuwait sign MoU to step up cultural ties
The MOU focusses on exchange of knowhow over the organization of all cultural initiatives, with the objective of propelling ...
Saudi Arabia and OPEC face challenges enforcing crude oil output cut quotas
Saudi Arabia, the de-facto leader of the Organization of the Petroleum Exporting Countries, is once again faced with a ...
Saudi Arabia forms global alliance to push for Israeli-Palestinian two-state solution
Saudi Arabia has formed a global alliance to push for a two-state solution to the Israeli-Palestinian conflict, the country's ...
World Soccer Talk3d
Is Saudi Arabia the financial savior of DAZN?
The Saudi Arabian sports scene is becoming an increasingly lucrative arena, and DAZN, the streaming giant backed by ...
Dark Reading2h
UAE, Saudi Arabia Become Plum Cyberattack Targets
Hacktivism-related DDoS attacks have risen 70% in the region, most often targeting the public sector, while stolen data and ...