Saudi Arabia plans $71.7 bln of military spending in 2024 -budget statement

Saudi Arabia said on Wednesday it would spend 269 billion riyals ($71.72 billion) on its military in 2024, up from 259 billion riyals that was budgeted for 2023, a statement from the kingdom's finance ministry showed.

($1 = 3.7506 riyals)

Also Read: Saudi Arabia's capital Riyadh chosen to host the 2030 World Expo

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)