Saudi Arabia recorded total revenues of 1.11 trillion riyals ($296 billion) in 2025, compared with total expenditures of 1.38 trillion riyals ($357.7 billion), resulting in a budget deficit of approximately 270 billion riyals ($61.7 billion).The Finance Ministry said oil revenues amounted to 606.54 billion riyals ($161 billion), while non-oil revenues totaled 505.28 billion riyals ($134.6 billion), reflecting continued diversification efforts.For more news on Saudi Arabia, visit our dedicated page.In the fourth quarter alone, Saudi Arabia posted a deficit of 94.85 billion riyals ($25.3 billion).In December, the cabinet approved the 2026 budget, projecting total revenues of 1.147 trillion riyals ($305.67 billion) and an estimated deficit of 165.4 billion riyals ($44.1 billion). The 2026 plan includes a 2 percent increase in spending compared with the 2025 budget.According to the Finance Ministry, Crown Prince Mohammed bin Salman directed ministers and officials to remain committed to