Story perspectives
Saudi Arabia Faces SAR101 Billion Deficit Amid Oil Price Drops
5/7/2025
38 6
1 of 1
Story summary
- Saudi Arabia anticipates a SAR101 billion budget deficit in 2025 due to declining oil prices.
- The nation possesses $2.5 trillion in public assets, with $600 billion in domestic assets available for sale.
- OPEC+ has raised production quotas, affecting oil prices and introducing market uncertainty.
- Analysts foresee a spending slowdown as the kingdom focuses on the 2030 Expo and 2034 World Cup projects.
- With a low debt-to-GDP ratio, Saudi Arabia can consider borrowing to alleviate financial pressures.
