Friday , April 23 2021

Al – Riyadh newspaper The Council for Economic Affairs and Development discusses the draft general budget of the State for the fiscal year (1440/1441) 2019



The Council for Economic Affairs and Development discusses the draft general budget of the State for the fiscal year (1440/1441) 2019

The Economic and Development Council met today at Al Yamama Palace in Riyadh.

During the meeting, the Council reviewed the presentation of the Ministry of Finance on the draft general budget of the State for fiscal year 1440/1441 (2019).

The presentation reviewed the main details of the state budget preparation for the next financial year, with detailed revenue receipts, both oil and non-oil revenues and estimated expenditures, in addition to the main economic indicators, revised based on the estimated total of revenue and expenditure; Estimates of real GDP growth rates and inflation, for which the Council made the necessary recommendations.


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