Saudi Arabia posts $9.12bn deficit in Q2

RIYADH: Saudi Arabia posted a budget deficit of SR34.3 billion ($9.14 billion) in the second quarter of 2026, bringing the Kingdom’s first-half shortfall to SR160 billion, according to the Ministry of Finance. The second quarter deficit narrowed sharply from SR125.7 billion in the first three months of the year, as government revenues strengthened while spending remained elevated. Total revenue increased 12 percent to SR338.8 billion, while government spending rose 11 percent to SR373 billion in the second quarter compared to the same period ⁠of the previous year.

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