The Council of Economic and Development Affairs held a meeting today at Al-Yamamah Palace in Riyadh. During the meeting, the council reviewed the presentation of the Ministry of Finance on the state's general draft budget for the fiscal year 1440/1441 (2019). The presentation reviewed the main details of the preparation of the state budget for the next fiscal year, the details of the estimated oil and non-oil revenues, and estimated expenditures, in addition to the main economic indicators based on estimated revenues and expenditures, its effect on reserve balances and public debt, and estimates of real GDP growth rates and inflation, for which the council made the necessary recommendations.
