Saudi Arabia Projects $371.2B Spending for 2027, Sustains Expansionary Fiscal Stance

Saudi Arabia's Ministry of Finance forecasts 2027 general expenditure of 1.392 trillion riyals ($371.2B), signaling continued fiscal expansion focused on developmental projects. This aligns with the kingdom's ongoing Vision 2030 diversification drive, though oil price volatility and fiscal sustainability remain key uncertainties. The sustained high spending underscores Riyadh's commitment to economic transformation despite global energy market shifts.