Saudi 2018 budget to focus on development, investment: finance ministry
DUBAI (Reuters) - Saudi Arabia’s 2018 budget, to be released on Tuesday, will focus on expansion, development and investment, but will not include new reforms or taxes, a senior Saudi finance ministry official said on Monday.
“It will also focus on capital and investment expenditure. The citizen and the private sector will have a big part of it and it will simulate the private sector.”
Asked if the budget would involve additional reforms, he said previously announced plans contained all measures for 2018. “We do not expect new reforms or new taxes”.