Saudi Arabia Announces Budget 2022, with a Focus on Service Improvement, Fiscal Sustainability and Private Sector Empowerment
Dec 13, 2021
RIYADH, Saudi Arabia, Dec. 13, 2021 /PRNewswire/ -- The Council of Ministers, in its session held today, 12 December 2021, under the chairmanship of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz approved the budget for the fiscal year 2022, with a total expenditure of SAR 955 billion, total revenues of about SAR 1,045 billion, and a surplus of about SAR 90 billion. On this occasion, His Excellency the Minister of Finance Mr. Mohammed Al-Jadaan, extended his thanks and gratit