Saudi Arabia to announce 2024 budget today

05/12/2023 Argaam
The Kingdom of Saudi Arabia's flag

The Kingdom of Saudi Arabia's flag

Saudi Arabia’s Cabinet will meet on Dec. 6 to approve the state’s budget for 2024. 

 

In its 2024 Pre-Budget Statement, the Kingdom estimated total revenues at SAR 1.17 trillion and expenditure at SAR 1.25 trillion with an expected deficit of SAR 1 billion.  

 

The ministry expected the 2023 revenues to reach SAR 1.18 trillion and expenditure to come in at SAR 1.26 trillion, with a deficit of SAR 82 billion.  

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