{"id":52910,"date":"2022-12-11T11:00:55","date_gmt":"2022-12-11T08:00:55","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=52910"},"modified":"2022-12-11T11:00:55","modified_gmt":"2022-12-11T08:00:55","slug":"%d9%85%d9%8a%d8%b2%d8%a7%d9%86%d9%8a%d8%a9-%d8%a7%d9%84%d9%85%d9%85%d9%84%d9%83%d8%a9-%d9%84%d9%84%d8%b9%d8%a7%d9%85-2023","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/52910\/","title":{"rendered":"Amlak Articles Abdulaziz Al-Issa writes: The Kingdom's Budget 2023 ... Citizen First"},"content":{"rendered":"

Budget 2023. Citizen First<\/span><\/strong><\/h4>\n

Abdulaziz Al-Issa<\/p>\n

We can proudly call the Kingdom's 2023 budget \u201cCitizen First\u201d, because it focused directly on the basic services needed by citizens wherever they are located, as SR111 billion was allocated to these services, or 10% of the total expected spending of SR1,114 billion.<\/p>\n

This estimated percentage took care of all vital sectors, as the share of Municipal services<\/a><\/span> 63 billion riyals, education 189 billion riyals, and the same for the health sector. At the same time, the housing sector found special attention in the new budget; 3.8 billion riyals were allocated for housing, and 6.7 billion riyals in real estate transaction tax fees for the first home will be borne by the state, these statistics will increase our certainty and confidence that home ownership will rise to 70%, and every Saudi citizen will enjoy his own home away from the burden of rents.<\/p>\n

This blessed budget comes on the heels of the current year 2022, which was filled with various achievements in the housing sector, which saw the launch of 24,000 housing units In partnership with the private sector<\/a><\/span>Enabling 140,000 families to own their first home, providing 98,000 financing contracts, and contracting to build 30,000 housing units for the neediest families in cooperation with charitable societies, these numbers and joyful achievements will increase our happiness and gratitude to the wise leadership as it presents the 2023 targets; where 120,000 families are planned to benefit from options and solutions, and pumping 50,000 housing units in partnership with the private sector.<\/p>\n

Therefore, we expect the real estate sector to witness more partnerships, and the initiatives launched will enhance the strength and durability of the partnership between the two sectors (public and private), and we must not look at this partnership only in the construction and development processes only, but we must look at an open horizon for the real estate economy that includes investment in building materials factories, modern technologies, real estate education, training and qualification, and other possibilities.<\/p>\n

This budget contributes with the private sector to activate capacities and energies so that its contribution to GDP rises to 65% and help diversify the economy and generate new jobs for national cadres.<\/p>","protected":false},"excerpt":{"rendered":"

Reading time: <\/span> 2<\/span> Minutes<\/span><\/span>\u064a\u062d\u0642 \u0644\u0646\u0627 \u0623\u0646 \u0646\u0637\u0644\u0642 \u0628\u0643\u0644 \u0641\u062e\u0631\u064d \u0648\u0627\u0639\u062a\u0632\u0627\u0632 \u0639\u0644\u0649 \u0645\u064a\u0632\u0627\u0646\u064a\u0629 \u0627\u0644\u0645\u0645\u0644\u0643\u0629 \u0644\u0644\u0639\u0627\u0645 2023 \u0634\u0639\u0627\u0631 “\u0627\u0644\u0645\u0648\u0627\u0637\u0646 \u0623\u0648\u0644\u0627\u064b”\u060c <\/p>","protected":false},"author":14,"featured_media":21068,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"0","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[119],"tags":[],"class_list":["post-52910","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-finance"],"acf":{"amlak_post_excerpt":"","amlak_post_excerpt_source":{"label":"Amlak post excerpt","type":"text","formatted_value":""}},"featured_image_urls":{"full":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2018\/07\/\u0639\u0628\u062f\u0627\u0644\u0639\u0632\u064a\u0632-\u0627\u0644\u0639\u064a\u0633\u0649.jpg",765,510,false],"thumbnail":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2018\/07\/\u0639\u0628\u062f\u0627\u0644\u0639\u0632\u064a\u0632-\u0627\u0644\u0639\u064a\u0633\u0649-150x150.jpg",150,150,true],"medium":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2018\/07\/\u0639\u0628\u062f\u0627\u0644\u0639\u0632\u064a\u0632-\u0627\u0644\u0639\u064a\u0633\u0649-300x200.jpg",300,200,true],"medium_large":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2018\/07\/\u0639\u0628\u062f\u0627\u0644\u0639\u0632\u064a\u0632-\u0627\u0644\u0639\u064a\u0633\u0649.jpg",765,510,false],"large":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2018\/07\/\u0639\u0628\u062f\u0627\u0644\u0639\u0632\u064a\u0632-\u0627\u0644\u0639\u064a\u0633\u0649.jpg",765,510,false],"1536x1536":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2018\/07\/\u0639\u0628\u062f\u0627\u0644\u0639\u0632\u064a\u0632-\u0627\u0644\u0639\u064a\u0633\u0649.jpg",765,510,false],"2048x2048":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2018\/07\/\u0639\u0628\u062f\u0627\u0644\u0639\u0632\u064a\u0632-\u0627\u0644\u0639\u064a\u0633\u0649.jpg",765,510,false],"trp-custom-language-flag":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2018\/07\/\u0639\u0628\u062f\u0627\u0644\u0639\u0632\u064a\u0632-\u0627\u0644\u0639\u064a\u0633\u0649.jpg",18,12,false],"event-thumbnail":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2018\/07\/\u0639\u0628\u062f\u0627\u0644\u0639\u0632\u064a\u0632-\u0627\u0644\u0639\u064a\u0633\u0649-300x200.jpg",300,200,true],"event-medium":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2018\/07\/\u0639\u0628\u062f\u0627\u0644\u0639\u0632\u064a\u0632-\u0627\u0644\u0639\u064a\u0633\u0649-600x400.jpg",600,400,true],"event-large":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2018\/07\/\u0639\u0628\u062f\u0627\u0644\u0639\u0632\u064a\u0632-\u0627\u0644\u0639\u064a\u0633\u0649.jpg",765,510,false],"event-hero":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2018\/07\/\u0639\u0628\u062f\u0627\u0644\u0639\u0632\u064a\u0632-\u0627\u0644\u0639\u064a\u0633\u0649.jpg",765,510,false]},"author_info":{"info":["\u0639\u0628\u062f\u0627\u0644\u0639\u0632\u064a\u0632 \u0627\u0644\u0639\u064a\u0633\u0649"]},"category_info":"\u062a\u0645\u0648\u064a\u0644 \u0639\u0642\u0627\u0631\u064a<\/a>","tag_info":"\u062a\u0645\u0648\u064a\u0644 \u0639\u0642\u0627\u0631\u064a","comment_count":"0","_links":{"self":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts\/52910","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/comments?post=52910"}],"version-history":[{"count":0,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts\/52910\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/media\/21068"}],"wp:attachment":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/media?parent=52910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/categories?post=52910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/tags?post=52910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}