Saudi Arabia’s 2021 Preliminary Budget Statement
Budget ReportThe main adjustment to Saudi Arabias fiscal outlook relates to the current year, with significant changes to the revenue, expenditure and the fiscal deficit. Thus, in 2020, revenue is expected to total SR770 billion, around SR63 billion (or 8 percent) lower than the previously budgeted total of SR833 billion in last years budget statement.
Saudi Arabia’s 2020 Preliminary Budget Statement
Budget ReportBased on the Ministry of Finances (MoF) continued implementation of the Vision 2030, the preliminary budget for the 2020 fiscal year was announced on 31st October 2019. A number of fiscal indicators were revised in the period from 2019 to 2022.
