Saudi Arabia’s fiscal position remains strong ... on solid foundation and that there is a plenty of international monetary assets at the Saudi Arabian Monetary Authority. The high confidence ...

A $10 per barrel drop in the oil price would add around 3 percentage points to the budget deficit, says analyst ...

Minister of Finance Mohammed Al-Jadaan is heading Saudi Arabia’s delegation at the World Bank Group (WBG) and International Monetary Fund (IMF) 2025 Spring Meetings, which began in Washington, D.C on ...

Saudi Arabia needs oil at more than $90 a barrel to balance its budget. Goldman Sachs this week lowered its Brent crude price ...

Saudi Arabia is under increasing fiscal pressure as oil prices plunge to near four-year lows, jeopardizing government revenue ...

Saudi Arabia is still dependent on oil revenues, so weak crude prices may make it harder to fund its ambitious ventures such ...

Saudi Arabia faces pressure to raise debt or cut spending due to plummeting oil prices, complicating economic diversification ...

Oil prices have plummeted to a four-year low, posing significant challenges for Saudi Arabia's budget, which heavily relies on oil revenues to fund its extensive economic transformation initiatives.

"The deficits on the fiscal side that ... infamously costly endeavors. Saudi Arabia needs oil at more than $90 a barrel to balance its budget, the International Monetary Fund estimates.