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Saudi Arabia, fiscal deficit
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.
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.
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.
26m
Saudi Arabia Loyalty Programs Market Report 2024: 8.5% CAGR Forecast During 2024-2028, with Market Set to Reach US$1.59 Billion by 2028
The "Saudi Arabia Loyalty Programs Market Intelligence and Future Growth Dynamics Databook - 50+ KPIs on Loyalty Programs ...
Gulf Business
3h
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 ...
20h
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 ...
Zawya
23m
Saudi Arabia to establish Almond City to increase production
The Ministry of Environment, Water and Agriculture, which has initiated the project, said it opens up an opportunity for investors ...
OxfordBusinessGroup
43m
How Saudi Arabia is empowering MSMEs to support economic growth
The Kafalah programme is playing a critical role in empowering micro-, small and medium-sized enterprises (MSMEs) in Saudi Arabia’s non-oil sector as the Kingdom works towards its Vision 2030 goals.
23h
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 ...
Zawya
3h
Hyundai Motor and Kia Partner with Misk Foundation to foster youth leadership in Saudi Arabia
SEOUL/RIYADH – Hyundai Motor Company (Hyundai Motor) and Kia Corporation (Kia) have signed a Memorandum of Understanding (MoU ...
Construction Week Online
2h
CW Awards Saudi Arabia 2024: The Shortlist is Here!
Congratulations to all the companies and individuals who made the shortlist. CW Awards Saudi Arabia 2024: The Shortlist is Here!. . News.
4d
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 Talk
3d
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 ...
Zawya
2h
Swissport welcomes new CEO for Saudi Arabia
Hamad Alhemede has been appointed new CEO of Swissport Saudi Arabia, and will take over his duties on 1 October 2024.
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