Saudi Arabia’s 2022 budget deficit to narrow to $13.9 billion
RIYADH/JEDDAH: Saudi Arabia is expecting to see a budget deficit of SR52 billion in 2022, Arab News quoted a budget forecast from the Ministry of Finance. The kingdom’s revenues are expected to reach SR903 billion, while spending SR955 billion. Saudi Arabia is expected to report a narrower budget deficit this year, amid rising oil prices and a … Read more