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Saudi Arabia Faces Budget Crunch Amid Vision 2030 Goals

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Saudi Arabia Faces Budget Crunch Amid Vision 2030 Goals

In early 2026, Saudi Arabia found itself in a budget pickle, with a staggering 125.7 billion riyals in the red! Spending shot up 20%, while oil cash took a dip of 3%. The ambitious Vision 2030 plan is sweating bullets as military expenses leaped 26% due to regional tensions. With borrowed funds filling the gap, the kingdom's financial circus just got a whole lot trickier!