Q1 2019 Budget Statement: (Fiscal surplus recorded in Q1 2019)
Budget ReportGovernment revenue totaled SR245 billion in Q1 2019, up 48 percent, or SR79 billion, year-on-year. Both oil and non-oil revenue saw sizable rises.
Q2 2019 Budget Statement: (Sizable rises in capital spending)
Budget ReportGovernment revenue totaled SR261 billion in Q2 2019, down 5 percent, or SR12.8 billion, year-on-year. Declines were seen in both the oil and non-oil revenue side.
Saudi Arabia’s 2019 Preliminary Budget Statement
Budget ReportBased on the Ministry of Finances (MoF) continued implementation of the Vision 2030 and the strategic objectives under the National Transformation Program 2020 (NTP), the preliminary budget for the 2019 fiscal year was released on 30th September 2018. A number of fiscal indicators were revised upwards in the period from 2018 to 2021.
