Bloomberg: Saudi Arabia's budget deficit more than doubled at the same time as military spending escalated and the economic pressures caused by the war, the Saudi budget deficit recorded a significant jump in the third quarter of this year. Saudi Arabia's seasonal budget deficit more than doubled to 84 billion riyals with a jump of 145% compared to the previous season. Military operations in Yemen disrupted business activity and canceled major economic events, which imposed a heavy economic burden on Riyadh. The Saudi government plans to continue borrowing from the local and international financial markets to finance this budget deficit.