Saudi Arabia has approved the state’s general budget for the fiscal year 1447/1448 AH (2026 AD), outlining SR1.31tn ($349.2bn) in expenditure and a projected deficit as the Kingdom continues to advance economic and development programmes under Saudi Vision 2030.
The decision was made during a Cabinet session chaired by Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister, and Chairman of the Council of Economic and Development Affairs, held in Dammam on 2 December 2025.
The Cabinet reviewed the full items of the general budget before issuing its decision.
Saudi 2026 budget
- The approved state general expenditures amount to SR1,312,800,000,000 ($349.2bn)
- The state’s general revenues are estimated at SR1,147,400,000,000 ($305.9bn)
- The deficit is estimated at SR165,400,000,000 ($44bn)
During the session, the Crown Prince directed ministers and government officials to commit — each within their remit — to delivering the programmes, strategies, and development and social projects included in the budget.
The directive emphasised ensuring full alignment with the goals of Saudi Vision 2030, with citizens’ interests placed at the forefront of national priorities.
