Saudi Arabia .. Finance issues the quarterly report of the state budget .. Revenues 849,064 and expenditures 990,000
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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
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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.