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Saudi Arabia’s Budget Deficit More Than Doubles to 84 Billion Riyals

Saudi Arabia’s quarterly budget deficit reached 84 billion riyals in the third quarter, up 145% from the second quarter, according to data published by Argaam.

Saudi Arabia's quarterly budget deficit more than doubled in the third quarter to 84 billion riyals, according to data published by financial news portal Argaam. This marks an increase of 145% from the second quarter as the war in Iran and Houthi escalations continue to strain the kingdom's public…

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