Riyadh, December 07 (QNA) – The Saudi cabinet adopted today, in a session presided over by Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al-Saud, the Kingdom of Saudi Arabia’s budget for fiscal 2023, with estimates of SAR 16 billion surplus.
The cabinet estimated revenues at SAR 1,130,000,000,000 and expenses SAR 1,114,000,000,000.
The cabinet decision said that the surplus from the revenues of the state’s general budget shall be transferred to the state’s general reserve account. (QNA)