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Saudi Arabia expects the budget deficit of 2019 to reach 128 billion riyals
Saudi Arabia expects the budget deficit to reach 128 billion riyals ($ 34.1 billion) next year, compared with 195 billion riyals projected in the original budget for the current year, Finance Minister Mohammed al-Jadaan said on Sunday.
The revenue is expected to reach 978 billion riyals in 2019, up 11 percent from the projected revenue for 2018, he told a news conference before the state budget was announced in December.
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