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Insights

2009 Saudi Budget

Budget Report

Spending has been raised in the 2009 budget compared with the budgeted total for 2008 in a clear sign that the government will push ahead with its investment program despite a sharp fall in oil prices and the weak global economic outlook.

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2008 Saudi Budget

Budget Report

The 2008 budget maintains the focus on enhancing infrastructure and as usual is based on a prudent oil price assumption. For 2007, restrained spending growth and high oil revenues caused another large budget surplus and the economy performed strongly.

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2008 Budget

Budget Report

2008 Budget

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2009 Budget

Budget Report

2009 Budget

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Q3 2020 Budget Statement: (Rise in non-oil revenue)

Budget Report

Government revenue totaled SR216 billion in Q3 2020, up 4 percent, or SR8 billion, year-on-year. Whilst oil revenue declined, non-oil revenue rose sharply.

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