Saudi Powers Forward with Deficit Spending to Fund Reforms
This is Beirut, 02/12 22:05 - Reading : 2 minute(s)
Saudi Arabia greenlit its 2026 budget Tuesday, projecting a deficit of 165 billion riyals ($44 billion) as the kingdom presses on with an ambitious spending drive to diversify its oil-dependent economy. The Arab world's largest economy is overseeing a major push to slash its dependence on oil revenues, with officials pouring billions into ...










