Q2 2020 Budget Statement: (Debt rises significantly)
Budget ReportGovernment revenue totaled SR134 billion in Q2 2020, down 49 percent year-on-year. Declines were seen in both oil and non-oil revenue.
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.
