December 2020
Saudi Arabia announces spending cuts in 2021 budget to reduce widening deficit
First Take Report
Pages : 5
Executive Summary
- Saudi Arabia has planned spending cuts of 7% in its 2021 budget in an attempt to reduce its spiralling deficit. Spending for 2021 is projected to be USD 264 billion while revenue is projected to be USD 227 billion indicating a budget deficit of USD 37 billion or 4.9% of GDP.
- This figure is an improvement from a projected deficit of USD 79 billion this year, or 12% of GDP as the economy suffered from the double whammy of falling oil revenues and the coronavirus pandemic induced economic contraction.
Table of Content
Key Questions Addressed in this report
This report can add value to
Customize this report
Why Custom Research?
- Research and intelligence to suit your business requirements
- Informed decision making
What are Benefits of Customization?
- To-the-point, long or short research reports could be requested
- Reports are exclusively prepared for you
You Ask We Deliver
- Over a decade Marmore has successfully navigated this space of customized research to serve its clients and cater to their unique requirements.
- Our customized research support spans sector research, equity and credit investment notes, modelling, valuation, investment screening, periodical etc.
- We offer clients with intelligence and insights on unexplored and under-researched areas that help stakeholders take well-informed business and investment decisions.
- Our offerings marries the challenges of cost, time, scope & data availability to generate actionable outcomes that are specific to our clients’ needs.
FAQ
Who prepared this report? Experienced and qualified team of Marmore Mena Intelligence has prepared this report. Since its inception, Marmore has published over 1000 research reports and covered more than 25 varied industries and policy segments; all focused primarily on the GCC economies. Do you have updates?No. This is a one off report. However, if required, upon specific request we could provide you with an update. Can I only download certain sections of the report? No. The report can be downloaded in full length only Can we ask questions? Yes, by all means. You can write your queries to us at enquiry@e-marmore.com
Executive Summary
Table of Content
Key Questions Addressed in this report
This report can add value to
Customize this report
FAQ
Related Reports
November 2020
December 2020
Recently Browsed
June 2021
