Chaired by HRH the Crown Prince, the Cabinet Approves the State's General Budget for the Fiscal Year 2025
Riyadh, November 26, 2024, SPA -- His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, chaired the Cabinet session held today, November 26, 2024, in Riyadh, to approve the state's general budget for the new fiscal year 1446/1447 AH (2025 AD).
The Cabinet reviewed the items in the state's general budget for the fiscal year 1446/1447 AH (2025 AD), and issued a decision in its regard, including the following:
The state's general revenues are estimated at SAR1,184,000,000,000.
The approved state general expenditures amount to SAR1,285,000,000,000.
The deficit is estimated at SAR101,000,000,000.
The Crown Prince directed ministers and officials to commit, each in his capacity, to implementing the programs, strategies, and development and social projects included in the budget, consistent with the goals of the Kingdom's Vision 2030.
-- SPA