VIDEO: Saudi budget 2018 – All you need to know in numbers

January 9, 2018 4:47 pm


Saudi Arabia, in December 2017, passed its 2018 budget boasting the highest expenditures on record.

Outside of that budget will be a stimulus package for the private sector, spending some $19.2bn over the next few years, and $8.5bn in funds into the Citizens’ Account, this year alone.

But how well will thebudget be able to keep the deficit at below 10% of the GDP in 2018?

Read: Unemployed Saudis face a harsher reality with VAT, fuel increases

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Hadi Khatib
By Hadi Khatib
Hadi Khatib is a business editor with more than 15 years' experience delivering news and copy of relevance to a wide range of audiences. If newsworthy and actionable, you will find this editor interested in hearing about your sector developments and writing about it.