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Public finances of GCC countries show surplus in 2024, 2025: report

Public finances of GCC countries show surplus in 2024, 2025: report

  • GCC countries posted a financial surplus of $134 billion in 2022, representing 6.1% of their GDP
  • Total public spending in the GCC reached its highest level in 2023, hitting $639 billion
By Nirmal Narayanan ·
Update Saudi Arabia applies spending cap despite oil revenues, says Minister

Saudi Arabia applies spending cap despite oil revenues, says Minister

By SHATHA ALMASOUDI - JANA SALLOUM  - Ruba Alrashed ·

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