Saudi Arabia’s Budget Deficit Surged Before the Oil Price Crash ...Middle East

OILPRICE - Economy
Saudi Arabia’s Budget Deficit Surged Before the Oil Price Crash
source : OILPRICE ( Middle East ) () 93
The recent oil price crash will surely hit Saudi Arabia’s state finances going forward, but the Kingdom already booked a hefty budget deficit for the first quarter, before oil prices dropped dramatically. During the first quarter of the year, the budget deficit of the world’s top crude oil exporter swelled to $15.6 billion (58.7 billion Saudi riyals), data from the Saudi Finance Ministry showed. That’s already more than half of the deficit the Kingdom had forecast for the full year in its FY 2025 budget statement— a deficit…

Hence then, the article about saudi arabia s budget deficit surged before the oil price crash was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Saudi Arabia’s Budget Deficit Surged Before the Oil Price Crash )

Apple Storegoogle play

Last updated :

Also on site :



Latest News

GEEKOM revient au CES 2026 avec ses nouveaux ordinateurs portables haut de gamme et une génération inédite de Mini PC

before 35 minute

JA Solar Ranked No. 1 Global Solar Module Manufacturer by Wood Mackenzie

before hour & 45 minute

JinkoSolar Announces Results of 2025 Annual General Meeting

before 2 hours & 9 minute

Uganda: Museveni Gives China-Uganda Mbale Industrial Park Thumbs Up, Second Park Planned

before 2 hours & 17 minute

Oil Prices Edge Higher as Energy Strikes Darken Russia-Ukraine Peace Hopes

before 6 hours & 47 minute

Majority of investors planning to boost portfolios in 2026, survey finds

before 6 hours & 48 minute

New Zealand Faces Growing Gas Supply Risk

before 7 hours & 14 minute

The AI Arms Race Is Cracking Open the Nuclear Fuel Cycle

before 9 hours & 16 minute

A future classic in the making: The eco-friendly iCAUR V27 makes its Middle East debut

before 11 hour & 17 minute

Gold Breaks Higher Amid Mounting Global Debt Fears

before 13 hour & 25 minute

The 2025 Meet Global MICE Congress has drawn twice as many participants

before 15 hour & 11 minute

Remembering Lou Gerstner

before 16 hour & 12 minute

Nigeria: Telecom Sector Shows Resilience Amid Tariff Hikes, Infrastructure Push

before 16 hour & 35 minute

Nigeria: The Attack On Nigeria's Power Infrastructure

before 16 hour & 59 minute

Muscat stock exchange index falls 0.26 percent

before 17 hour & 55 minute