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Asharq Al-Awsat

Business

Riyadh - Bandar Al-Mosalam

Saudi Quarterly Budget Registers Record Surplus

Ministry of Finance Kingdom Asharq AlAwsat

The Saudi budget achieves a record surplus during the first quarter of 2022. (Asharq Al-Awsat)

Official data released on Sunday showed that the Saudi budget for the first quarter of 2022 recorded a surplus of SR 57.4 billion ($15.3 billion dollars).

The Saudi Ministry of Finance announced the actual general budget for the first quarter of 2022, noting that the Kingdom collected revenues of SR 278 billion ($74.1 billion), while public expenditures amounted to SR 220.47 billion ($58.7 billion).

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