---
title: 2 key takeaways from saudi budget data in the 1st half of 2024
description: "1. Saudi needs oil at $95 to balance its budget.\n2. Adding domestic investments by the sovereign wealth fund, the figure rises to $112.\nIf Oil price stays at this level ($77), deficits are likely to persist.\nSource: Bloomberg, @ZiadMDaoud on X"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [2 key takeaways from saudi budget data in the 1st half of 2024](https://blog.syzgroup.com/syz-the-moment/do-you-remember-hashtagmoderna-mrna-0-0-0-0-0-1-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-1723-3635c4f3)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Aug 21, 2024, 8:54:40 AM

[View full post](https://blog.syzgroup.com/syz-the-moment/do-you-remember-hashtagmoderna-mrna-0-0-0-0-0-1-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-1723-3635c4f3)

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