Saudi Arabia Projects 3.6% Fiscal Deficit in 2027
Saudi Arabia has projected a fiscal deficit of 191 billion riyals ($50.87 billion), or 3.6% of gross domestic product, for 2027. The finance ministry's pre-budget statement also estimated total expenditure at 1.39 trillion riyals ($370.21 billion) and projected revenue.
6% of gross domestic product, in 2027, the finance ministry said in a pre-budget statement on Wednesday. 21 billion), while revenue was projected at a…