Dammam – BETH
December 2, 2025

His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister, and Chairman of the Council of Economic and Development Affairs, presided over today’s Cabinet session in Dammam to approve the State Budget for the fiscal year 1447/1448 AH (2026).

The Cabinet reviewed the budget’s key figures and issued its decision as follows:

Total Expenditures:
SAR 1,312,800,000,000 (1.312 trillion)

Total Revenues:
SAR 1,147,400,000,000 (1.147 trillion)

Estimated Deficit:
SAR 165,400,000,000 (165.4 billion)

His Royal Highness directed ministers and officials—each within their mandate—to effectively implement the programs and developmental and social projects outlined in the budget, contributing to the achievement of Saudi Vision 2030 and ensuring that citizens and their well-being remain at the heart of government priorities.

🔍 BETH Analysis (Brief)

The numbers reflect a disciplined expansionary fiscal stance: expenditure surpasses SAR 1.3 trillion, while the deficit remains at a manageable level within established public-debt frameworks.

Maintaining a planned deficit signals the government’s clear preference to sustain the momentum of major projects and national transformation programs, rather than slow spending at the expense of growth and diversification.

The royal directive’s emphasis on developmental and social programs underscores that this budget is not merely a financial document, but a direct mechanism to:

Strengthen quality of life.

Ensure citizens remain the primary beneficiaries of Vision 2030 projects.

A deeper, data-driven analytical report on spending trends, revenue trajectories, and the broader economic implications for 2026 will follow.

Budget Announcement
The Crown Prince’s Address Following the Budget