Saudi Arabia to announce 2023 general budget today

07/12/2022 Argaam
The Kingdom of Saudi Arabia's flag

The Kingdom of Saudi Arabia's flag


The Saudi Cabinet will approve today, Dec. 7, the state's general budget for fiscal year 2023.

 

In its pre-budget statement, the Ministry of Finance estimated public revenue at SAR 1.123 trillion, and expenditures at SAR 1.114 trillion, with an expected surplus of SAR 9 billion, Argaam earlier reported.

 

The ministry expected revenues and expenditures to reach SAR 1.222 trillion and SAR 1.132 trillion, respectively, in 2022, with an estimated surplus of SAR 90 billion.

 

Saudi Arabia’s Actual Revenues and Expenditures (2000-2023)

Year 

Revenue (SAR bln)

Expenditures (SAR bln)

Surplus/Deficit (SAR bln)

2023 estimates

 1123

1114 

+9

2022 forecasts

 1222

1132

+90

2022 budget

1045

955

+90

2021

965

1039

(73)

2020 

782 

1076 

(294) 

2019 

927 

1059 

(133) 

2018 

906 

1079 

(174) 

2017 

692 

930 

(238) 

2016 

519 

831 

(311) 

2015 

613 

1001 

(389) 

2014 

1040 

1141 

(101) 

2013 

1153 

995 

158 

2012 

1247 

917 

329 

2011 

1118 

827 

291 

2010 

741 

654 

87 

2009 

510 

596 

(87) 

2008 

1101 

520 

581 

2007 

643 

466 

177 

2006 

674 

393 

280 

2005 

564 

346 

218 

2004 

392 

285 

107 

2003 

293 

257 

36 

2002 

213 

234 

(21)

2001 

228 

255 

(27)

2000 

258 

235 

23

 

 

Details and historical data of general budget

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.