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Saudi Arabia recorded a budget deficit of 125.7 billion riyals, approximately $33.5 billion, in the first quarter of 2026. That is almost as large as the $44 billion deficit the government projected for the entire year. Spending increased by 20% while oil revenue declined by 3%, creating the very contradiction […] The post Saudi Arabia Is Borrowing to Preserve Vision 2030 appeared first on Activist Post.
Source: https://activistpost.com/saudi-arabia-is-borrowing-to-preserve-vision-2030/
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