Saudi Arabia’s Finance Ministry announced the kingdom’s second quarter budget performance on Sunday, the highlight of which was a 6 percent rise in revenues from last year to SAR 163.9 billion ($43.7 billion).
The ministry said the results confirm that they are on the right and balanced track, adding that revenues have increased and that spending efficiency has improved in the second quarter.
Saad Alshahrani, Director General of Macroeconomic and Fiscal Policies, said the budget revenues during the second quarter reached 163.906 billion riyals an increased of 6 per cent from last year’s figures.
The budget revenues during the first quarter reached 144.76 billion riyals.
The second quarter’s expenses reached 210.42 billion riyals and decreased by 1.3 per cent from last year’s figures.
The budget deficit reached 46.517 riyals, decreasing by 20 percent from last year’s figures.
نستخدم ملفات الكوكيز لنسهل عليك استخدام مواقعنا الإلكترونية ونكيف المحتوى والإعلانات وفقا لمتطلباتك واحتياجاتك الخاصة، لتوفير ميزات وسائل التواصل الاجتماعية ولتحليل حركة المرور لدينا...اعرف أكثر