ALBAWABA- Saudi Arabia’s Cabinet, chaired by Crown Prince Mohammed bin Salman, has approved the kingdom’s 2026 national budget, projecting revenues of SR1.147 trillion ($306 billion) and expenditures of SR1.313 trillion ($350 billion), resulting in a SR166 billion ($44 billion) deficit—about 3.3% of GDP. Saudi Finance Minister Mohammed Al-Jadaan described the shortfall as “a deficit by design,” emphasizing that the government intends to maintain strong investment in non-oil sectors such as ...