Saudi Arabia's non-oil revenues up 48 percent in Q3Staff Writer | October 26, 2018
Saudi Arabia said on Thursday that its non-oil revenues increased by 48 percent in the third quarter to 56.25 billion U.S. dollars, Al Arabiya local news reported.
Middle East Saudi aims to achieve a balanced budget over time
The Saudi government expects to run a budget deficit of 128 billion riyals (34.1 billion dollars) next year, compared with a 195-billion-riyal deficit projected in the original budget of this year, Jadaan said.
Saudi aims to achieve a balanced budget over time, he added.
Saudi Arabia has been taking serious steps since 2015 when oil prices started to drop sharply, in order to become less dependent on oil revenues ■