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Saudi Arabia allocates 18% of 2020 budget for military spending

Image of Saudi military soldiers [file photo]
Saudi Arabian soldiers seen during a drill [File photo]

The Saudi budget for the next year revealed that 18% of overall expenditure was allocated to military spending, to reach $48.5 billion, down 5 per cent from $51 billion in 2019.

The military sector came as the second economic sector in terms of spending; after education and before health.

The Saudi budget allocated 19 per cent of the state spending for education, esteemed at $ 51.5 billion, and 16 per cent for health at $ 44.5 billion.

Read: Nearly 175 Saudi military aviation students grounded in US after base shooting

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