news

Saudi budget deficit narrows as oil revenue jumps

By CityCalc Newsroom · Fri Jul 31 2026 · Source: AGBI

Saudi Arabia’s budget deficit narrowed in the second quarter as higher oil revenue offset increased spending, easing pressure on government finances. The deficit shrank to SAR34 billion ($9 billion) in April, May and June, 1 percent lower than in the same period in 2025, accordi…

Saudi Arabia’s budget deficit narrowed in the second quarter as higher oil revenue offset increased spending, easing pressure on government finances. The deficit shrank to SAR34 billion ($9 billion) in April, May and June, 1 percent lower than in the same period in 2025, accordi…

Curated by CityCalc from AGBI. Read the full article at the source.

Related articles

Continue exploring