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.
Q1 2017 Budget Statement: (Significantly yearly declines in the fiscal deficit)
Budget ReportThe first ever publication of a quarterly budget performance report by the Ministry of Finance (MoF) showed a greatly improved picture in Q1 2017, when compared to a year ago. Due to large increases in year-on-year government revenues, by 72 percent, and a drop in expenses, by 3 percent, the fiscal deficit was much lower, at SR26.2 billion, than the pro-rata quarterly figure of SR50 billion, based on the 2017 fiscal budget figure of SR198 billion.
