May 16, 2021

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Saudi Arabia announces the general budget for the first quarter of 2021



Dubai: The Kingdom of Saudi Arabia announced, on Tuesday, the general budget for the first quarter of 2021, with total revenues of 204.7 billion riyals and a deficit of 7.4 billion riyals.

Total spending reached 212.2 billion riyals. Oil revenues amounted to 117 billion riyals, representing 57 percent of the kingdom’s total revenues. While non-oil revenues amounted to 88 billion riyals in the period under review.