{"id":30605,"date":"2020-12-16T12:12:11","date_gmt":"2020-12-16T09:12:11","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=30605"},"modified":"2020-12-16T12:12:11","modified_gmt":"2020-12-16T09:12:11","slug":"%d8%ae%d9%81%d8%b6-%d8%b9%d8%ac%d8%b2-%d8%a7%d9%84%d9%85%d9%8a%d8%b2%d8%a7%d9%86%d9%8a%d8%a9-%d8%a5%d9%84%d9%89-141-%d9%85%d9%84%d9%8a%d8%a7%d8%b1-%d8%b1%d9%8a%d8%a7%d9%84","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/30605\/","title":{"rendered":"King Salman Announces Details of the 2021 Budget and a Reduction in the Deficit to 141 billion riyals"},"content":{"rendered":"<p class=\"wp-block-paragraph\"><strong>Budget <\/strong>\u2013 Saudi Arabia announced yesterday that <a href=\"https:\/\/www.youtube.com\/watch?v=OTAAnpCcqfg&amp;list=PLg1D2gomWzaGg9xVx4dGZ9_YRqP79lkuo\">General Features of the Budget for the Year<\/a> The 2021 budget reaffirms the government\u2019s commitment to continuing to support spending and injecting financial resources into the country, with a priority on supporting healthcare.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In his comprehensive speech on this occasion, the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz, may God protect him, said: \u00abWe are announcing the budget for the coming fiscal year, continuing to advance the path of development and prosperity,\u00bb emphasizing that this budget prioritizes protecting the health and safety of citizens and residents, and continuing efforts to mitigate the effects of the pandemic and boost growth in the national economy.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Highlights of the General Budget<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">King Salman, may God protect him, explained while presiding over a Cabinet meeting that budget expenditures totaled 990 billion riyals, noting that revenues were estimated at 849 billion riyals, resulting in a deficit of 141 billion riyals, representing 4.9 percent of gross domestic product.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"> The Custodian of the Two Holy Mosques, may God preserve him, added in his speech: \u00abThe world has gone through an unprecedented pandemic\u2014the COVID-19 pandemic\u2014which has negatively impacted the global economy,\u00bb adding: \u201cThe Kingdom is part of the world\u2026 and has not been immune to the crisis\u2019s effects on both public finances and the economy.\u201d He continued: \u201cThe health measures, financial and economic initiatives we have taken, and the reforms that came with the adoption of \u201dVision 2030\u2019 have helped mitigate the negative effects on citizens and residents of the Kingdom and on our economy.\u201d.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">King Salman, may God protect him, emphasized the need to continue the path of economic growth and comprehensive development; to press ahead with improving services, supporting the private sector, and preserving jobs for citizens within it; to implement housing programs and projects; and to achieve the goals of the Vision, while emphasizing the need to improve the efficiency of government spending, prioritize social protection, reduce waste, and combat corruption. He also stressed the importance of implementing budget projects.<\/p>","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">Minute<\/span><\/span>Budget \u2013 The Kingdom of Saudi Arabia unveiled the general outline of its budget for fiscal year 2021 yesterday, reaffirming its commitment to continued spending and financial investment in the country, as well as its priority of supporting healthcare. In his extensive speech on this occasion, the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz, may God protect him, said: \u00abWe are announcing the budget for the coming fiscal year, continuing to advance the path of development and prosperity,\u00bb emphasizing \u2026 <a title=\"King Salman Announces Details of the 2021 Budget and a Reduction in the Deficit to 141 billion riyals\" class=\"read-more\" href=\"https:\/\/amlak.net.sa\/en\/30605\/\" aria-label=\"Read more about King Salman Announces Details of the 2021 Budget and a Reduction in the Deficit to 141 billion riyals\">Read more<\/a><\/p>","protected":false},"author":10,"featured_media":30606,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_titles_title":"\u0627\u0644\u0645\u064a\u0632\u0627\u0646\u064a\u0629 - \u0627\u0644\u0645\u0644\u0643 \u0633\u0644\u0645\u0627\u0646 \u064a\u0639\u0644\u0646 \u0639\u0646 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