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Saudi Arabia Records Largest Budget Deficit Since 2020
Saudi Arabia Records Largest Budget Deficit Since 2020 Via The Cradle Saudi Arabia recorded its widest quarterly budget deficit in five years in the final three months of 2025, as lower crude oil prices weigh down the kingdom's finances, Bloomberg is reporting. Data released by the Saudi Ministry of Finance shows the government posted a deficit of 94.9 billion riyals ($25.3 billion) in the fourth quarter, which brought the total shortfall for 2025 to nearly 276.6 billion riyals...
25 Feb, 07:45 — 25 Feb, 07:45
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