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Saudi Arabia’s first-quarter 2026 budget results showed revenues of around 261 billion riyals ($69.6 billion) on Tuesday, down 1 percent compared with the same period in 2025, while spending rose to 387 billion riyals ($103.2 billion), up 20 percent, driven by accelerated implementation of national strategies and development projects aimed at economic diversification.
According to official data, the budget deficit reached about 126 billion riyals ($33.6 billion), amid a notable increase in government spending alongside relatively stable revenues.
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