Saudi Arabia reveals a large budget deficit in the third quarter of the year

YemenExtra

SH.A.

The budget report issued by the Saudi Ministry of Finance on Sunday revealed a budget deficit in the third quarter of this year.

The kingdom’s total revenue for the third quarter of this year was 142.1 billion riyals ($ 37.9 billion), up 11 percent year-on-year.

In this context,Saudi Arabia had revealed a budget deficit of 48.7 billion riyals in the third quarter,as well as the total expenses were five percent year to 190.9 billion riyals