Saudi Arabia Broadcasts 2026 Finances: Revenues SR1.147 Trillion, Spending SR1.312 Trillion
Saudi Arabia introduced the state price range for the fiscal 12 months 2026 on Tuesday, revealing whole revenues of SR1.147 trillion and deliberate spending of SR1.312 trillion. This creates a projected deficit of SR165.4 billion, based on the Saudi Press Company (SPA).
He defined that the Public Funding Fund (PIF) will proceed supporting Imaginative and prescient 2030 by creating key sectors, forming main financial partnerships, and serving to diversify the nationwide economic system. He additionally famous the necessary function of the Nationwide Improvement Fund and its affiliated funds in boosting development alongside the state price range.
The Crown Prince confirmed that the federal government will proceed working to strengthen financial development and guarantee long-term monetary stability. This will probably be finished by versatile monetary and financial insurance policies, long-term planning, and efficient use of sovereign financing instruments below the medium-term debt technique.
He highlighted that the structural reforms since Imaginative and prescient 2030 started have helped improve the expansion of non-oil sectors, hold inflation decrease than world ranges, enhance the enterprise setting, and improve the personal sector’s function in growth. These reforms additionally help Saudi Arabia’s place as a number one worldwide financial and funding hub.
The Crown Prince emphasised that the 2026 price range displays the Kingdom’s willpower to strengthen the native economic system, help sustainable development, and reply successfully to world challenges. He stated the federal government will proceed specializing in financial diversification, funding stimulation, and accelerating transformation consistent with Imaginative and prescient 2030 objectives.
He additionally expressed pleasure in Saudi Arabia’s continued dedication to creating the abilities of its residents, advancing in a number of sectors, and increasing humanitarian efforts inside and outdoors the nation.
The Crown Prince reaffirmed that the Public Funding Fund will proceed to play a significant function in constructing promising sectors and supporting long-term monetary sustainability. King Salman’s steerage and the exhausting work of Saudi women and men led to all achievements, he famous.
