(MENAFN- Saudi Press Agency)
The financial indicators for the performance of the general budget of the state for the third quarter of the fiscal year 1438/1439H (2017) are as follows:
- Total revenues for the third quarter amounted to SR 142.1 billion, an increase of 11% compared to the same period last year. The non-oil revenues amounted to SR47,8 billion, an increase of 80% to the same period. These figures confirmed the feasibility of economic reforms.
- Total expenditures for the third quarter amounted to SR 375,8 billion, an increase of 5% compared to the same period last year.
- The deficit in the third quarter amounted to SR 48,7 billion.
In a related context, the indicators for the performance of the state's budget for the nine months in 2017 were as follows:
- The revenues in the first nine months SR450,1 billion, an increase of 23% compared to the same period.
- The expenditures in the first nine months SR571,6 billion, a minor increase of %0.4 compared to the same period. These expenditures represented %64 of the annual total spending.
- Social sectors such as education, health, social development and municipal services accounted for 44% of the third quarter budget expenditures, giving priority to whatever is of interest for citizens.
- In this period, the deficit amounted to SR121,5 billion, a decrease of %40 compared to the same period.
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18:28 LOCAL TIME 15:28 GMT
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