Saudi Budget Defies Oil Slump With More Spending and More Debt

Saudi Arabia approves 2026 budget with planned deficit to drive Vision 2030 growth

ALBAWABA- Saudi Arabia’s Cabinet, chaired by Crown Prince Mohammed bin Salman, has approved the kingdom’s 2026 national budget, projecting revenues of SR1...

Saudi Arabia approves 2026 budget with $350bn in spending and deficit of $44bn

Kingdom forecasts real GDP growth to rise from 4.4 per cent to 4.6 per cent

Saudi Budget Defies Oil Slump With More Spending and More Debt

Saudi Arabia is doing something that might seem confusing; it’s spending more, borrowing more, and pushing ahead with massive economic projects, even though oil prices are far too low to balance the budget. According to the new 2026 budget outline released on Tuesday, Riyadh plans to spend 1.3 trillion riyals (about $350 billion) next year and keep it at roughly that level through 2027. That kind of spending locks in a deficit of about 3.3% of G…

Saudi Arabia’s 2026 budget: Kingdom expects USD 306 billion revenue flow

Revised estimates for 2025 point to a budget deficit of SR245 billion, equivalent to 5.3% of the Kingdom's GDP Kingdom will likely generate SR1.15 trillion in revenue in 2026, a 5.1% increase from the 2025 estimate, highlighting the gains from Saudi Vision 2030.

Saudi Arabia’s $350B Vision 2030, a Power Shift in the Gulf?

Key Highlights Saudi Arabia approves 2026 state budget worth $350 billion, supporting Vision 2030 and diversification efforts. Mega-projects like NEOM, The Line, Red Sea Tourism, and Qiddiya are expected to attract global investors. Riyadh positions itself as a rival to Dubai, aiming to become the Gulf’s fastest-transforming economy. Saudi Arabia’s recently approved 2026 budget of 1.313 trillion riyals ($350 billion) signals its intent to chall…

Monetary easing to drive Saudi Arabia’s borrowings in 2026

The Kingdom is set to be the key beneficiary of lower interest rates, says CI Capital