Saudi Arabia Releases 2021 Pre-Budget Statement
Saudi Arabia’s revenues are expected to reach $240.8 billion in 2022, according to a pre-budget statement released by the Ministry of Finance. The...
Fitch Improves Saudi Arabia’s Outlook to Stable
Fitch Ratings has revised Saudi Arabia’s outlook from negative to stable and maintained the Kingdom’s sovereign rating at ‘A.’ The credit...
IMF Releases Report on 2021 Article IV Consultation with Saudi Arabia
The International Monetary Fund (IMF) has recently released its report on its 2021 Article IV consultation with Saudi Arabia. Article IV consultations, named after Article IV of...
Saudi Arabia Releases 2021 Budget Plan
Facing the dual threat of the COVID-19 pandemic’s economic effects and state of the oil market, Saudi Arabia has announced...
Saudi Arabia’s 2018 Budget Emphasizes Growth through Economic Diversification
Saudi Arabia’s 2018 national budget highlights the government’s keenness to accelerate economic growth while utilizing the private sector as a...