Saudi Arabia’s 2025 Pre-Budget Statement Projects $5.07 Billion Expenditure

• Budget deficit forecast at 2.3% of GDP as the Kingdom continues Vision 2030 initiatives
• Non-oil sectors gain importance in economic diversification efforts

Saudi Arabia’s Ministry of Finance released its Pre-Budget Statement for the fiscal year 2025 on Monday, outlining total estimated expenditure of SR1.29 trillion ($5.07 billion). Anticipated revenues stand at SR1.19 trillion, resulting in a projected budget deficit of SR101 billion, equivalent to 2.3% of the Kingdom’s GDP.