Saudi Arabia Sees 2021 Deficit Narrowing to 5.1% of GDP

Bookmark

Saudi Arabia expects the budget deficit in 2021 to narrow to 145 billion riyals, or about 5.1% of GDP, according to a statement published by the Finance Ministry.

  • Kingdom earlier estimated the 2020 deficit to reach nearly 300 billion riyals, or 12% of GDP.

©2020 Bloomberg L.P.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.