Mohammed Aljadaan, Saudi Arabia’s Minister of Finance, said the Kingdom will continue with “expansionary” spending, and it ...
Saudi Arabia has approved its 2026 state budget with $349.2bn in spending, $305.9bn in revenue and a $44bn deficit ...
Governments across the country are letting fiscal repair slip through their hands “with no good reason”, economists have ...
Arabian Gulf Business Insight on MSN

Saudi budget deficit narrows as it reins in spending

Saudi Arabia’s budget deficit is expected to narrow next year as the kingdom scales back its massive spending plans amid weaker oil revenue and foreign investment levels. The kingdom has forecast a ...
Addressing the nation’s long-term fiscal problems with any constitutional amendment to require annual balanced budgets would ...
The federal government’s deficit has widened to $32.9bn this ­financial year in the four months to October 31, up from $10bn ...
Harvard’s deep cuts to PhD admissions are on track to leave undergraduate courses short of teaching fellows within two years, ...
The Office for Budget Responsibility (OBR) has claimed it warned the Treasury over briefing out “misconceptions” about a ...
The Office for Budget Responsibility says publishing details of Reeves's Budget early was not an intentional leak, nor the ...
When the Office for Budget Responsibility’s (OBR) forecasts were released (early, and by accident), it became clear that the public finances were in a better position than expected. Before the new ...
The U. of Tulsa was a commuter campus that tried — and tried again — to become a regional powerhouse. Now it’s drowning in ...