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Saudi Arabia expects 2024 deficit to widen to 3 of GDP

Saudi Arabia estimates its 2024 fiscal deficit will widen to almost 3 of GDP, according to a government statement on Monday, as it increases spending to boost growth and meet the objectives of its Vision 2030 economic transformation plan.

Posted by Hicham ALAOUI RIZQ on 2024, Sep 30

Introduction

Saudi Arabia estimates its 2024 fiscal deficit will widen to almost 3 of GDP, according to a government statement on Monday, as it increases spending to boost growth and meet the objectives of its Vision 2030 economic transformation plan.

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