Saudi budget deficit shrinks 60 percent in nine months

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Time: October 31, 2018    

 Saudi Arabia’s budget deficit has fallen 60 percent in nine months to $13 bln (SAR 49 bln).

Total revenue at the end of the third quarter was SR 663.113 billion, a growth of 47% compared to the same quarter last year.

While non-oil revenues at the end of the third quarter amounted to 211.05 billion riyals, a growth rate of 48% compared to the same quarter last year.

This article was first published in Al Arabiya English  

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