Saudi Arabia approves $350 billion budget for 2026, focused on vision 2030 goals

Saudi Arabia has approved its 2026 state budget of 1.313 trillion riyals ($350 billion), targeting economic growth and Vision 2030 goals. Public revenues are estimated at 1.147 trillion riyals, with a projected deficit of 165 billion riyals. The plan emphasizes fiscal sustainability, development projects, social programs, and giga projects, aiming to strengthen the economy, enhance public services, and support citizens’ well-being.