2022-12-08 | 04:57
Arab countries adopt their budgets for the coming year 2023, in light of the challenges and fears of the repercussions of a global economic recession, but it is remarkable that the year 2022 was good for economies that depend on energy exports.
The following is a list of the budgets of the most powerful Arab economies:
- Saudi budget 2023:
expenditures 1114 billion riyals, revenues 1130 billion riyals, and an expected surplus of 16 billion riyals.
($1 = 3.75 Saudi riyals)
The UAE budget for the fiscal year 2023:
expenditures of 63.066 billion dirhams, revenues of 63.613 billion dirhams, and an expected surplus of 0.547 billion dirhams.
(The dollar = 3.673 UAE dirhams)
- The Egyptian budget for the fiscal year 2022-2023:
(the fiscal year begins July 1 and ends on June 30)
expected spending 2.07 trillion Egyptian pounds, expected revenues 1.52 trillion pounds, budget deficit 0.5582 trillion pounds.
Budget 2022.. "ambiguity" surrounding the draft law and calls for adjusting the exchange rate
[ltr]06:21 | 2022-04-20[/ltr][/rtl]
Kuwait approves the budget law and shows the percentage of deficit
[ltr]23:31 | 2022-11-1[/ltr][/rtl]
Lebanon.. Parliament approves the 2022 draft budget
[ltr]12:20 | 2022-09-26[/ltr][/rtl]
(The dollar = 24.65 Egyptian pounds December 8, 2022) (the fiscal year begins on April 1 and ends on March 31) expenditures of 23.5 billion dinars, revenues of 23.4 billion dollars, and a deficit of 124 million dinars. (Kuwaiti dinar = 3.26 dollars) The Algerian government has allocated the largest budget since its independence, at a value of 13.918 billion Algerian dinars, (about 98.5 billion dollars), an increase of 24.5 billion dollars over the 2022 budget (74 billion dollars). ($1 = 138.15 Algerian dinars)
- budgetKuwaitFor the fiscal year 2022-2023: