The Cabinet today approved the state's budget for the new Fiscal Year 1437/1438H (2016). The budget totaled SR 840 billion ($224 billion), a projected a deficit of SR 326.2 billion ($86.99 billion).
The focus will continue to be on education, health, social services, municipal services, security services, infrastructure and transportation. Expenditures on education and health and social affairs continued to receive the largest shares of the budget. The general budget allocations for major sectors are as follows: education: SR 191.69 billion ($51.11 billion), representing 22.8 percent of FY 2016 total appropriations; health and social development: SR 104.86 billion ($27.96 billion), representing 12.48 percent; municipality services: SR 21.25 billion ($5.67 billion); security services: SR 213.37 billion ($56.9 billion), 25.4 percentage of the budget; infrastructure and transportation: SR 23.90 billion ($6.37 billion), 23.9 percentage of the budget; economic resources: SR 78.12 billion ($20.83 billion); public administration: SR 23.84 ($6.36 billion); and budget support provision: SR 183 billion ($48.8 billion), representing 21.78 percentage of the budget.