Budget 2023 - Mid-Year Review
September 19, 2023
The Ministry of Finance, National Planning and Trade has presented the Mid-Year Review for the 2023 Budget, before the National Assembly, this afternoon.
Based on the performance of the first six months and analysis going forward, the Government has proposed a total budget cut of SR 621,370,992.77.
At the same time, the Government is proposing a Supplementary Budget of SR 275,506,848.63, which will be re-allocated to government entities.
This means, the 2023 budget will be reduced by SR345,864,144.14.
This afternoon, Vice President Ahmed Afif presented the opening statement, on behalf of Minister Naadir Hassan.
To access the full statement, click on the link below.
Video of the full statement