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Insights

2011 Budget

Budget Report

2011 Budget

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2011 Saudi Budget

Budget Report

A stimulatory budget was announced for 2011, authorizing huge government investment spending that will provide a major contribution to economic growth.

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2010 Saudi Budget

Budget Report

Another aggressive budget was announced for 2010, with spending maintained at a very high level as the government seeks to ensure that the economic recovery in the Kingdom gains traction.

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2009 Saudi Budget

Budget Report

Spending has been raised in the 2009 budget compared with the budgeted total for 2008 in a clear sign that the government will push ahead with its investment program despite a sharp fall in oil prices and the weak global economic outlook.

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2008 Saudi Budget

Budget Report

The 2008 budget maintains the focus on enhancing infrastructure and as usual is based on a prudent oil price assumption. For 2007, restrained spending growth and high oil revenues caused another large budget surplus and the economy performed strongly.

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