Saudi budget Q3 2022: revenues 301.87 bln, expenditures ‎‎287.73 bln, surplus hit 14.14 billion‎

The Ministry of Finance announced budget of the Kingdom of Saudi Arabia for the third quarter of this year, which amounted to: revenues of 301.87 billion, expenditures of 287.73 billion, and a surplus of 14.14 billion.

The revenues for the first 9 months of 2022 amounted to 950.2 billion riyals, expenses 800.7 billion riyals, and a surplus of 149.5 billion riyals.

Oil revenues amounted to 229.02 billion riyals, an increase of 55% from the revenues of the third quarter of 2021, which was 147.98 billion riyals, while non-oil revenues amounted to 72.85 billion riyals, down 24% from the revenues of 2021, which were 95.4 billion riyals.