Announcement of the preliminary budget of 2024

The main gate of the Saudi Ministry of Finance headquarters in Riyadh—photo courtesy of Arab Media

The preliminary budget for the financial year 2024 was announced by the Ministry of Finance of Saudi Arabia.

According to Arab media, expenses of 1.251 trillion riyals while 1.172 trillion riyals will be income.

Saudi media has said that the budget includes a deficit of 79 billion riyals.

Saudi media say that this will be the biggest budget in history in which development issues have been given full attention.

Saudi media also say that big projects have been taken into consideration in the budget.

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