Saudi Arabia's 2022 budget indicators: revenues 903 billion riyals, expenditures 955 billion riyals

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The Ministry of Finance revealed preliminary indicators regarding Saudi Arabia's 2022 budget, which indicated that the expected public expenditures will reach 955 billion riyals while revenues will be 903 billion riyals with a deficit of 52 billion riyals.

Finance Minister Mohammed Al-Jadaan said: The government will continue to spend on major projects and programs to achieve the vision through 2022, contributing to achieving the desired returns.

The Minister of Finance stressed that the privatization program aims to increase the contribution of the private sector to GDP from to by 2030

The Minister of Finance confirmed that the privatization program aims to increase the contribution of the private sector to GDP from to by 2030

Jadaan stated that the actual performance indicators for the 2021 budget confirm that the structural reforms and government initiatives and programs are on track to achieve the targets of the Kingdom's Vision 2030.