Saudi Arabia to reveal 2018 budget on December 19

12/12/2017 Argaam

 

Saudi Arabia will announce the state budget for 2018 after markets close on Dec. 19, Reuters reported on Monday, citing the Kingdom’s information Ministry.

 

Finance Minister Mohammed Al-Jadaan, Economy Minister Mohammad Al-Tuwaijri, and Central Bank Governor Ahmed al-Kholifey will speak at a budget news conference.

 

In November, the state budget for the first nine months of 2017 showed SAR 450.1 billion in revenue, SAR 571.6 billion in expenditures, and a deficit of SAR 121.5 billion, Argaam previously reported.

 

The Ministry of Finance had estimated the state revenue for 2017 at SAR 692 billion, expenditure at SAR 890 billion, and a deficit of SAR 198 billion.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
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.

Most Read