‎Saudi Q2 budget: SAR 338.8B revenue, SAR 373B spending

Source: Argaam - Main News
Source link: https://www.argaam.com/en/article/articledetail/id/1924642
Published: 2026-07-30 17:07:00
Discovered by ProcIntel: 2026-07-31 10:19:20
Category: GCC Spotlight
Geography: Saudi Arabia
Organisations: —
Review status: Pending
Record type: REAL

Summary

‎<img src="https://argaamplus.s3.amazonaws.com/912b21e3-8285-4295-86c6-a802e8637e08.png" > <hr> The Saudi Ministry of Finance announced today, July30, the (actual) general budget for the Kingdom for the second quarter of 2026. According to official data, the second-quarter revenues reached SAR 338.8 billion, while general expenditures totaled SAR 373.1 billion. The budget deficit for Q2 2026 stood at SAR 34.3 billion. <table border="1" cellpadding="0" cellspacing="0" width="100%"> <tbody> <tr > <td colspan="4" > Saudi Budget’s 2026 Actual Revenue Expenditure (SAR bln) </td> </tr> <tr > <td > Year </td> <td > Revenue </td> <td > Expenditure </td> <td > Surplus/(Deficit) </td> </tr> <tr > <td > Q1 </td> <td > 261 </td> <td > 387 </td> <td > (126) </td> </tr> <tr > <td > Q2 </td> <td > 339 </td> <td > 373 </td> <td > (34) </td> </tr> <tr > <td > Q3 </td> <td > -- </td> <td > -- </td> <td > -- </td> </tr> <tr > <td > Q4 </td> <td > -- </td> <td > -- </td> <td > -- </td> </tr> <tr > <td > 2026 (Estimates) </td> <td > 1147.4 </td> <td > 1312.8 </td> <td > (165.4) </td> </tr> </tbody> </table> <div> <div data-olk-copy-source="MessageBody" >Actual revenue</div> <div aria-hidden="true" ></div> <div >Actual revenue for H1 2026 reached SAR 600 billion, up about 6% from the first half of 2025.</div> <div ></div> <div >Oil revenue totaled SAR 330 billion during the first half, while non-oil revenue reached SAR 270 billion.</div> <div ></div> <div aria-hidden="true" > <table border="1" cellpadding="0" cellspacing="0" width="100%"> <tbody> <tr > <td colspan="4" > Actual Revenue Breakdown (SAR bln) </td> </tr> <tr > <td > Revenues </td> <td > H1 2025 </td> <td > H1 2026 </td> <td > Change </td> </tr> <tr > <td > Oil revenues </td> <td > 301.54 </td> <td > 329.85 </td> <td > 9% </td> </tr> <tr > <td > Non-oil revenues </td> <td > 263.67 </td> <td > 269.91 </td> <td > 2% </td> </tr> <tr > <td > Taxes on income, profit capital gains </td> <td > 20.43 </td> <td > 20.91 </td> <td > 2% </td> </tr> <tr > <td > Taxes on goods services </td> <td > 146.51 </td> <td > 154.06 </td> <td > 5% </td> </tr> <tr > <td > Taxes on international trade transactions </td> <td > 11.88 </td> <td > 10.34 </td> <td > (13%) </td> </tr> <tr > <td > Other taxes </td> <td > 30.57 </td> <td > 31.7 </td> <td > 4% </td> </tr> <tr > <td > Other revenues </td> <td > 54.27 </td> <td > 52.91 </td> <td > (3%) </td> </tr> <tr > <td > Total </td> <td > 565.21 </td> <td > 599.76 </td> <td > 6% </td> </tr> </tbody> </table> </div> <div ></div> <div >Actual expenditure</div> <div ></div> <div >Actual expenditure for the first half of 2026 totaled SAR 760 billion, up 15% year-on-year.</div> <div></div> <div> <table border="1" cellpadding="0" cellspacing="0" width="100%"> <tbody> <tr > <td colspan="4" > Actual Expenditure(SAR bln) </td> </tr> <tr > <td > Expenditure </td> <td > H1 2025 </td> <td > H1 2026 </td> <td > Change </td> </tr> <tr > <td > Employee compensation  </td> <td > 286.49 </td> <td > 295.73 </td> <td > 3 % </td> </tr> <tr > <td > Use of goods services </td> <td > 138.21 </td> <td > 172.34 </td> <td > 25 % </td> </tr> <tr > <td > Financing expenses </td> <td > 24.33 </td> <td > 29.10 </td> <td > 20 % </td> </tr> <tr > <td > Subsidies </td> <td > 14.18 </td> <td > 30.80 </td> <td > 117 % </td> </tr> <tr > <td > Grants </td> <td > 0.69 </td> <td > 2.20 </td> <td > 219 % </td> </tr> <tr > <td > Social benefits </td> <td > 69.64 </td> <td > 73.53 </td> <td > 6 % </td> </tr> <tr > <td > Other expenses </td> <td > 57.21 </td> <td > 66.70 </td> <td > 17 % </td> </tr> <tr > <td > Non-financial assets (CAPEX) </td> <td > 67.70 </td> <td > 89.66 </td> <td > 32 % </td> </tr> <tr > <td > Total </td> <td > 658.45 </td> <td > 759.76 </td> <td > 15 % </td> </tr> </tbody> </table> Spending Breakdown: The government allocated SAR 125 billion to the military sector, SAR 171 billion to the health and social development sector, and nearly SAR 110 billion to the education sector in the H1 2026 budget. <table align="center" border="1" cellpadding="0" cellspacing="0" width="100%"> <tbody> <tr > <td colspan="2" > ActualSpendinginH1 2026(SAR bln) </td> </tr> <tr > <td > Sector </td> <td > Actual Spending </td> </tr> <tr > <td > General Administration </td> <td > 34.06 </td> </tr> <tr > <td > Military </td> <td > 124.57 </td> </tr> <tr > <td > Security and Regional Administration </td> <td > 66.82 </td> </tr> <tr > <td > Municipal Services </td> <td > 46.25 </td> </tr> <tr > <td > Education </td> <td > 109.73 </td> </tr> <tr > <td > Health and Social Development </td> <td > 170.61 </td> </tr> <tr > <td > Economic Resources </td> <td > 56.48 </td> </tr> <tr > <td > Infrastructure and Transportation </td> <td > 22.42 </td> </tr> <tr > <td > General Items </td> <td > 128.81 </td> </tr> <tr > <td > Total </td> <td > 759.76 </td> </tr> </tbody> </table> <div ></div> Public Debt: Total public debt rose to around SAR 1.68 trillion at the end of H1 2026, compared with SAR 1.51 trillion at the end of 2025. <table align="left" border="1" cellpadding="0" cellspacing="0" width="100%"> <tbody> <tr > <td colspan="2" > Public Debt (SAR bln) </td> </tr> <tr > <td > Period </td> <td > Total </td> </tr> <tr > <td > 2025 </td> <td > 1519.01 </td> </tr> <tr > <td > H1 2026 </td> <td > 1684.99 </td> </tr> </tbody> </table> <table align="center" border="1" cellpadding="0" cellspacing="0" width="100%"> <tbody> <tr > <td colspan="3" > Public Debt byH1 2026-End (SAR bln) </td> </tr> <tr > <td > Period </td> <td > Domestic Debt </td> <td > External Debt </td> </tr> <tr > <td rowspan="2" > Beginning of period balance </td> <td colspan="2" > 1519.01 </td> </tr> <tr > <td > 943.35 </td> <td > 575.65 </td> </tr> <tr > <td > Issuances/(borrowing) </td> <td > 138.71 </td> <td > 50.08 </td> </tr> <tr > <td > Principal repayment </td> <td > (21.97) </td> <td > (0.83) </td> </tr> <tr > <td > Amortization of government bonds </td> <td > 0 </td> <td > 0 </td> </tr> <tr > <td rowspan="2" > End of periodbalance </td> <td > 1060.09 </td> <td > 624.90 </td> </tr> <tr > <td colspan="2" > 1684.99 </td> </tr> </tbody> </table> <div></div> <table border="1" cellpadding="0" cellspacing="0" width="100%"> <tbody> <tr > <td colspan="2" > H1 2026 Budget Surplus/Deficit Funding Sources (SAR bln) </td> </tr> <tr > <td > Item </td> <td > Total </td> </tr> <tr > <td > Surplus/(Deficit) </td> <td > (160.0) </td> </tr> <tr > <td colspan="2" > Funding </td> </tr> <tr > <td > Government Reserves </td> <td > 0 </td> </tr> <tr > <td > Borrowing </td> <td > 160.0 </td> </tr> <tr > <td > Total </td> <td > 160.0 </td> </tr> </tbody> </table> </div> </div>

Procurement Relevance Gate

PASS — score 22.8/100 — evaluated 2026-07-31 10:19:20

Passed on: commodity_or_input_impact, geographic_exposure (score 22.8/100, threshold 20.0).

commodity_or_input_impact (weight 12) — matched on "oil"
geographic_exposure (weight 8) — matched on "1 linked geography"

Initial Signal Assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.

A provisional, automatically-computed reading of this individual Signal, before Event extraction or human review. Not a final rating.

Initial Significance: 1 · Low (14.0/100)
Initial Confidence: 2 · Low (31.5/100)
Data sufficiency Whether enough structured evidence exists to trust this Signal's Initial Confidence reading. 'Sufficient' has no cap; 'Partial' and 'Insufficient' cap Confidence until more evidence is available; 'Not Assessed' means the Signal did not pass the Relevance Gate.: Partial
Strongest contributor: Procurement Impact
Limiting factor: Geographic Breadth

Initial Significance Low (14.0/100). Strongest contributor: Procurement Impact (6.0/30 points). Limiting factor: Geographic Breadth (0.0/10 points). Initial Confidence Low (31.5/100, data sufficiency: Partial). Strongest contributor: Source Authority (20.0/40 points). Limiting factor: Corroboration (2.5/25 points).

No likely Event type matched; a low contextual baseline was applied.
No eligible (non-geographic, non-fictional) entities were linked to this Signal.
no matched Event type
no actor entities (only attribution/metadata, if any)
no actor content-derived geography
single source only
Only source-level entity metadata was available.
Only source-level geography metadata was available.
Source metadata did not contribute to Initial Confidence.

Methodology signal_scoring_v1 — calculated 2026-08-03 16:29:57.

‎Saudi Q2 budget: SAR 338.8B revenue, SAR 373B spending

Summary

Procurement Relevance Gate

Initial Signal Assessment ⓘMore about Initial Signal AssessmentProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.

Initial Signal Assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.