GCC government spends to pass $ 542bn this year

GCC government spends to pass $ 542bn this year

Stare Government revenues of 2025 total $ 487.8bn, while expenditure reached $ 542.1bn, resulting in the State Council for the Statistical Council for the Gulf State Statistics.

According to the data issued by centerGovernments in GCC countries are directly affected by global oil prices, as oil income produced the largest part of financial resources.

Countries follow a conservative course of break calculation – even oil price to estimate their general budgets and various economic prices and economic prices in economic prices in the world’s economic prices.

GCC Public Mgasting

Government revenues are expected to remain strong, as oil prices remain in moderate to high levels.

Most GCC countries also look forward to increasing their spending 2025 compared to their 2024 spending.

This increase in growth in the economics of the Gulf Cooperation in general, and is intended to complete the infrastructure projects, to carry out economic plans, to carry out economic development plans.

Meanwhile, plans the Gulf Gulma to distance budget defaults by drawing reserves and borrowing in the internal and abroad.

Leave a Reply

Your email address will not be published. Required fields are marked *