Tue, 21-Oct-2025

Saudi budget discipline saved $133 billion in 4 years

Saudi inflation rate rises in September from its lowest level in 20 months

RIYADH: Saudi Arabia saved SR500 billion ($133.3 billion) over the last four years through increased efficiency and budgetary discipline, Arab News quoted Finance Minister Mohammed Al-Jadaan, as saying. The difference between planned government spending and actual budget outlays decreased from an average 16 per cent between 2014 and 2016 to an average of 4 per … Read more