Key Figures in Saudi Arabia's 2018 Budget, 2017 Fiscal Data - Bloomberg

Key Figures in Saudi Arabia's 2018 Budget, 2017 Fiscal Data - Bloomberg:

"Below are the key figures from Saudi Arabia’s 2018 budget, the second issued since it embarked on a long-term plan to reduce the kingdom’s dependence on oil. Numbers from the Ministry of Finance and state-run media.


Budget Deficit:

2018: deficit seen at 195 billion riyals ($52 billion), or 7.3 percent of gross domestic product
2017: deficit was 230 billion riyals, or 8.9 percent of GDP
Planned deficit in 2017 budget was 198 billion riyals
2016 budget deficit was 12.8 percent of GDP
Delays target to balance budget to 2023 from as early as 2019"



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