Saudi budget boosts project funding

The article focused on the growth of Saudi government capital expenditure during the first half of 2026, where spending on non-financial assets amounted to 11.8% of total expenditures, approximately 89.7 billion SAR. This represents an increase of 32% compared to the same period last year. Despite a decline in overall spending in the second quarter, expenditure on major projects continued to accelerate, with a budget allocation of 162 billion SAR for capital spending—about 12.3% of total expenditures—but this was 5.5% lower than the expectations for 2025. It is likely that the growth in the first half results from accelerated disbursements on existing projects, especially with the approach of 2030. Authorities are intensively focusing on completing these projects, with 55.3% of the capital expenditure allocation spent by the end of June, and approximately 72.3 billion SAR still designated for the second half of the year.

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