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Saudi Arabia estimates 2023 budget revenue at SR1,123 trln with SR9 bln surplus

Bynewshuntexpress

Sep 30, 2022


Saudi Gazette report

JEDDAH — Saudi Arabia estimated public revenue in 2023 budget at SR1,123 trillion, and expenditures at SR1,114 trillion, with an expected surplus of SR 9 billion, the Ministry of Finance said in its 2023 pre-budget statement announced on Friday.

Total expenditure was projected at SR1,132 trillion in 2022, while revenue was budgeted at SR1,222 trillion, with an expected surplus of SR90 billion.

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