Cabinet: Pre-budget statement prioritizes core services spending

Crown Prince Mohammed bin Salman

The Cabinet, chaired by Crown Prince Mohammed bin Salman, stated that the 2025 pre-budget statement reflects the continued spending on core services provided to citizens and residents, as well as the implementation of strategic projects.

Further, the pre-budget statement shows the Kingdom's focus on supporting economic growth and achieving sustainable development.

The Ministry of Finance announced, on Sept. 30, the pre-budget statement, reflecting estimated state revenues at SAR 1.18 trillion and expenditure at SAR 1.28 trillion for 2025, with an expected deficit of SAR 101 billion, according to data available with Argaam.

For the current year, the Kingdom’s revenue and expenditure are forecasted to come in at SAR 1.23 trillion and SAR 1.35 trillion, respectively, leading to an expected deficit of SAR 118 billion.