Crown Prince directs ministers, officials to actively commit to budget programs

Crown Prince Mohammed bin Salman

Crown Prince Mohammed bin Salman directed ministers and officials to show active commitment implementing the budgetary development and social programs and projects.

 

According to Argaam data, the Ministry of Finance announced today, Dec. 7 the general budget for 2023 and budget performance for 2022.

 

Saudi Arabia's revenues for the 2023 state budget are estimated at SAR 1.130 trillion, with a forecast expenditure of SAR 1.114 trillion  with an expected surplus of SAR 16 billion.

 

Total expenditures are expected to reach SAR 1.132 trillion, while revenues are projected at SAR 1.234 billion for 2022. The surplus is estimated at SAR 102 billion.

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Saudi Arabia estimates 2023 budget revenues at SAR 1.130 tln, expenditure at SAR 1.114 tln

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