Saudi Arabia .. Finance issues the quarterly report of the state budget .. Revenues 849,064 and expenditures 990,000
Beth: The Saudi Ministry of Finance issued its report for the state budget - the first quarter of the fiscal year 1443/1444 AH / 2022 AD.
It contains detailed data on the movement of revenues, expenses, surplus, or deficit.
Revenues amounted to 849,064 and expenses amounted to 990,000
And the ministry indicated that it issues the report - periodically - to give more transparency about the performance of public finances in accordance with financial disclosure standards. She explained that the state's general budget is prepared on a cash accounting basis, noting that the financial data contained in the report is classified according to the Government Finance Statistics Manual 2014 GFSM, which serves as a global fund for countries. The report also includes a list of terms and their explanations.