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Sunday, Sep 26, 2021

Saudi Arabia's Q2 revenues reach $66bn

Saudi Arabia's Q2 revenues reach $66bn

Saudi Arabia has achieved a positive growth in the second quarter of this year with the quarterly revenues reaching SR248 billion ($66.13 billion), a report said.
The total expenditure amounted to SR252.7 billion and the budget deficit narrowed to SR4.6 billion, said the Al-Bilad newspaper report.

According to the Ministry of Finance, Saudi Arabia’s non-oil revenues rose by 31%, reaching SAR116 billion, while oil revenues by 13%, reaching SAR132 billion. Spending on health rose by 20% in the first half of 2021.

The newspaper said Saudi Arabia’s economy continues to progress in line with the ambitious goals of Saudi Vision 2030.
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