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.
Q3 2018 Fiscal Budget Statement: (Fiscal deficit shrinks in Q3)
Budget ReportGovernment revenue totaled SR223 billion in Q3 2018, up by 57 percent, or SR81 billion, year-on-year. Whilst non-oil revenue saw a rise of 45 percent year-on-year, government oil revenue rose by only 15 percent, to SR154 billion, year-on-year.
