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FINANCIAL NEWS
Saudi budget revenue to hit USD301 b in 2013
24 Dec 2013
(MENAFN) Budget revenue of Saudi Arabia is expected to exceed USD301 billion this year, while expenditure will stand at USD246 billion, according to Arab News.
Finance Minister Ibrahim Al-Assaf said: “The increase of actual over budgeted expenditures of around SR105 billion was due to additional expenditures on projects in the Two Holy Mosques and other development and service projects, especially transportation, housing, and education.”
The Kingdom’s public debt will fall to about USD20 billion by the end of the current year compared to USD26.3 billion in 2012.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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