budget surplus

Egypt expects a primary surplus of no less than 3.5 percent in the fiscal year beginning on July 1, Finance Minister Mohamed Maait told a news conference on Sunday. Egypt was aiming to keep its debt ratio at under 90 percent of gross…
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Saudi Arabia achieved a surplus of SR16 billion ($4.27 billion) in 2023, contrary to the Ministry of Finance’s estimate of a deficit of SR82 billion released in December. While the Kingdom’s revenues came in at SR1.13 trillion, 5 percent…
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Oman’s general budget recorded a surplus of 656 Omani million rials ($1.7 billion) at the end of the first half of 2023, compared to a surplus of 784 million rials achieved over the same period in 2022. According to the Fiscal…
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Strong oil revenues helped Kuwait record its first budget surplus in nine years in 2022-2023, the Ministry of Finance has announced. The country posted an excess of 6.4 billion Kuwaiti dinars ($20.86 billion) at end of its financial year…
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