The Ministry of Finance announced that Saudi Arabia’s actual 2025 budget recorded revenues of SAR 1.11 trillion against expenditures of SAR 1.38 trillion, resulting in a deficit of SAR 276.6 billion—higher than the projected SAR 245 billion deficit.
In remarks toArgaam, analysts said the wider deficit in Q4 was expected, driven by increased payments to the private sector and accelerated capital project execution. They stressed that the development is not alarming.
They added that the deficit reflects planned, growth-oriented investment—supported by non-oil sector expansion, rising non-oil revenues, and ample sovereign reserves—rather than structural weakness. Ongoing development projects, they noted, remain a key engine of economic growth while preserving fiscal sustainability.
The Ministry of Finance announced that Saudi Arabia’s actual 2025 budget recorded revenues of SAR 1.11 trillion against expenditures of SAR 1.38 trillion, resulting in a deficit of SAR 276.6 billion—higher than the projected SAR 245 billion deficit.
In remarks toArgaam, analysts said the wider deficit in Q4 was expected, driven by increased payments to the private sector and accelerated capital project execution. They stressed that the development is not alarming.
They added that the deficit reflects planned, growth-oriented investment—supported by non-oil sector expansion, rising non-oil revenues, and ample sovereign reserves—rather than structural weakness. Ongoing development projects, they noted, remain a key engine of economic growth while preserving fiscal sustainability.
