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Bloomberg

Saudi Budget Deficit Narrows Three-Quarters on Wartime Oil Spike

Thursday, July 30, 2026


Saudi Arabia recorded a fiscal deficit reduction of nearly 75% in its latest quarter, aided by increased global oil prices. The country's economy contracted during the same period. The exact figures and timeframe were not specified in the available information.

Original reporting: https://www.bloomberg.com/news/articles/2026-07-30/saudi-budget-deficit-narrows-three-quarters-on-wartime-oil-spike

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