FALLING SHORT
Saudi Arabia posts its largest budget deficit since 2018
Despite the kingdom attempting to rein in some of its splashier investments like LIV Golf, first-quarter expenditures rose about 20% to $103 billion
Maya Anwar/Bloomberg via Getty Images
The Damac Towers, center, and skyscrapers on the city skyline in Riyadh
Add The Circuit on GoogleSaudi Arabia has posted its biggest quarterly budget deficit since 2018 in a sign of the challenges faced by the Middle East’s largest economy in the wake of the Iran war.
The budget shortfall of 125.7 billion...
