by: TN Media News:
The Saudi cabinet has approved the national budget for the financial year 2024. The estimated income is one trillion 172 billion Rials and the estimated expenditure is one trillion 251 billion Rials.
The deficit in the new budget is 79 billion riyals. According to the news agency SPA, the cabinet meeting to approve the national budget was chaired by King Salman bin Abdulaziz on Wednesday.
King Salman bin Abdulaziz has instructed the ministers and officials to work efficiently for the implementation of social and development projects and programs in the budget.
The series of financial reforms will be continued in the new budget. Saudi Vision 2030 projects will be completed.
