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Saudi 2025 budget foresees $27 billion fiscal deficit
Saudi 2025 budget foresees $27 billion fiscal deficit as gigaproject spending continues
Saudi Arabia approved its state budget on Tuesday for 2025 forecasting a fiscal deficit of 101 billion riyals ($26.88 billion), as its finance minister said the kingdom will continue to spend on massive gigaprojects designed to wean the economy off oil.
Saudi Arabia forecasts 2025 fiscal deficit of $27bn
Approval of 2025 state budget Deficit represents 2.3% of GDP GDP growth of 4.6% forecast Saudi Arabia has approved its 2025 state budget, estimating total revenues at SAR1.18 trillion ($314 billion) and expenditures at SAR1.
Saudi 2025 budget sees lower deficit on spending trims
Saudi Arabia on Tuesday approved a budget for 2025 that projected a smaller deficit than last year despite continued heavy spending on reforms to transition the economy away from oil.
Saudi Arabia forecasts budget deficit of $27bn in 2025
Saudi Arabia on Tuesday approved the country’s general budget for the 2025 fiscal year, forecasting a total deficit of 101 Saudi riyals ($27 billion), the kingdom’s Ministry of Finance said, as reported by state news agency SPA.
Arizona Mirror
9h
New Trump budget chief wrote Project 2025’s agenda for empowering the presidency
Incoming White House budget chief Russ Vought wrote part of Project 2025's agenda, which Trump tried to distance himself from ...
5h
Pulaski County Quorum Court approves 2025 budget with net increase of roughly $3 million across all departments
Pulaski County anticipates an approximately $4.398 million increase in general fund appropriations throughout 2025, according ...
12h
Huntington approves $238 million budget for 2025, raising tax levy by 2.54%
The town's capital plan includes money for highway infrastructure improvements and upgrades to the Dix Hills Water District.
2h
French government on brink of collapse over 2025 budget vote
A bitter debate is now unfolding inside the ruling class over how to recalibrate its policies, that will confront it, sooner ...
10h
on MSN
Pueblo passes 2025 budget with big cuts to nonprofits
Well over 100 protestors stood outside Pueblo City Hall on Nov. 25 to decry cuts to nonprofits. Pueblo City Council approved ...
4h
Allegheny County Council suggests $70M in cuts to proposed 2025 budget, lowering property tax hike
Previously, County Executive Innamorato proposed a 46% tax increase. The council is suggesting a 28.5% increase instead.
4d
on MSN
Trump Picks Russell Vought, a Project 2025 Author, for Budget Role
The president-elect is staffing his administration with people affiliated with the controversial policy and personnel ...
kimatv
3h
Sunnyside City Council Continues to Discuss 2025 Budget
The Sunnyside City Council is continuing to review the proposed 2025 budget, which includes some cuts to city services.
9h
Colorado Springs sets final $941 million budget for 2025Colorado Springs sets final $941 million budget for 2025
The final budget passed by the City Council Tuesday covers $941 million in city expenses for Colorado Springs next year, ...
fingerlakes1
12h
Ithaca exceeds Justice50 goals with 2025 budget, prioritizing underserved communities
The City of Ithaca has taken a bold step in its commitment to climate justice, with the Common Council approving the 2025 ...
KAIT on MSN
7h
Weiner finalizing its 2025 budget
WEINER, Ark. (KAIT) - With the end of the year closing in, towns are looking at finalizing next year’s
budget
. While most ...
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