{"id":71875,"date":"2024-11-26T19:23:00","date_gmt":"2024-11-26T16:23:00","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=71875"},"modified":"2025-11-26T00:50:31","modified_gmt":"2025-11-26T00:50:31","slug":"%d8%a8%d9%86%d9%81%d9%82%d8%a7%d8%aa-1285-%d9%85%d9%84%d9%8a%d8%a7%d8%b1-%d8%b1%d9%8a%d8%a7%d9%84-%d9%88%d8%a5%d9%8a%d8%b1%d8%a7%d8%af%d8%a7%d8%aa-%d8%a8%d9%80-1184-%d9%85%d9%84%d9%8a%d8%a7%d8%b1","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/71875\/","title":{"rendered":"With expenditures of 1,285 billion riyals and revenues of 1,184 billion riyals. Learn about the details of the 2025 general budget"},"content":{"rendered":"<p>Announced <strong><a href=\"https:\/\/t.co\/Xvp0OoPZ5c\">Ministry of Finance<\/a><\/strong> Today, the final statement of the state budget for fiscal year 2025 was released, projecting total expenditures of approximately 1,285 billion riyals and total revenues of approximately 1,184 billion riyals, with estimates pointing to a deficit of 101 billion riyals, representing approximately 2.3% of gross domestic product.<\/p>\n<h4><span style=\"color: #800000;\"><strong>Details of the 2025 General Budget<\/strong><\/span><\/h4>\n<p>The statement provided figures and details<strong><a href=\"https:\/\/x.com\/MOFKSA\/status\/1861420361050661173\"> The 2025 Budget<\/a><\/strong>including revenues and expenditures, as well as the sectors\u2019 key achievements for the year 2024 and their targets for the year 2025, as well as the most significant financial and economic developments in the Kingdom, which underscore the government\u2019s continued commitment to funding and implementing the economic transformation programs, initiatives, and projects outlined in the Kingdom\u2019s Vision 2030 and to capitalizing on the results achieved through these programs to achieve further accomplishments, while maintaining spending efficiency and financial sustainability in the medium and long term.<\/p>\n<p>On this occasion, His Excellency the Minister of Finance, Mr. Mohammed bin Abdullah Al-Jadaan, expressed his thanks and appreciation to the Custodian of the Two Holy Mosques and His Royal Highness the Crown Prince\u2014may God protect them\u2014for their patronage, sound guidance, and close oversight in achieving the objectives of the Saudi economy and public finance, maximizing economic, social, and environmental returns, and making optimal use of the Kingdom\u2019s resources and strengths\u2014all of which contribute to its progress across all fields. He affirmed the continued march of economic transformation toward diversification, innovation, and investment in promising sectors championed by the Kingdom\u2019s government, and that the positive results achieved so far confirm the success of the economic and fiscal reforms aimed at promoting inclusive economic growth and improving public finance management, with a focus on enhancing the quality of services provided to citizens, residents, and visitors.<\/p>\n<h4><span style=\"color: #800000;\"><strong>The 2025 Budget Aims to Expand Strategic Spending\u00a0<\/strong><\/span><\/h4>\n<p>He explained that <strong><a href=\"https:\/\/x.com\/MOFKSA\/status\/1861418808151335015\">The 2025 Budget<\/a><\/strong>The Ministry aims to continue expanding strategic spending on development projects in line with sectoral strategies and the programs of the Kingdom\u2019s Vision 2030, continue implementing programs and projects with sustainable economic, social, and environmental returns; develop the business environment to enhance its attractiveness; contribute to improving the Kingdom\u2019s trade balance; and increase the volume and variety of domestic and foreign investments.<\/p>\n<p>Al-Jadaan emphasized that, through this budget and previous ones, the government remains committed to its citizens and their basic needs, as spending continues in the sectors of education, health, and social services, Efforts are also continuing to enhance the quality of government services and facilities and to develop infrastructure in various regions of the Kingdom, thereby contributing to a higher quality of life, with a constant focus on improving the social support and subsidy system and increasing its effectiveness.<\/p>\n<p>He explained that the deficit is part of the budget\u2019s financial planning, adding that the Kingdom aims to continue domestic and international financing operations to cover the projected deficit in the 2025 budget and repay the principal of debt due in 2025 and over the medium term, and to seize opportunities available in light of financial market conditions to implement alternative government financing operations that would promote economic growth, such as targeted spending on major strategies, projects, and programs under the Kingdom\u2019s Vision 2030, with the public debt balance expected to reach approximately 1,300 billion riyals (equivalent to 29.9% of gross domestic product) in 2025, compared to approximately 1,199 billion riyals in 2024 (equivalent to 29.31% of GDP).<\/p>\n<p>His Excellency the Minister of Finance emphasized that the 2025 budget aims to preserve the Kingdom\u2019s fiscal position and achieve fiscal sustainability by maintaining sustainable levels of public debt and substantial government reserves, in order to strengthen the Kingdom\u2019s ability to cope with external shocks, It is expected that government reserves held with the Saudi Central Bank (SAMA) will remain at the same level by the end of 2025 as in 2024, reaching approximately 390 billion riyals.<\/p>\n<p>He noted that the economic and financial reforms implemented in the Saudi economy have led to an improvement in financial and economic indicators and marked an important milestone in the journey toward economic diversification and financial stability, noting that preliminary estimates for 2024 indicate that non-oil activities will continue to drive GDP growth; as a result of ongoing initiatives and reforms aimed at increasing the private sector\u2019s contribution to GDP and enabling it to become the main driver of economic growth.<\/p>\n<p>Al-Jadaan noted that the government\u2019s ongoing efforts to develop the labor market have contributed to a decline in the unemployment rate among Saudis to a historic low, reaching 7.1% by the end of the second quarter of 2024, The female labor force participation rate also reached 35.4%, surpassing the Vision target of 30%, He added that these positive figures are the result of achievements in diversifying the economy by strengthening promising sectors, empowering the private sector, implementing development projects under the Kingdom\u2019s Vision 2030, and enabling more segments of society to enter the labor market through new work models.<\/p>\n<p>In this regard, His Excellency praised the pivotal role of citizens in comprehensive and sustainable economic development, emphasizing that Saudi men and women have embraced the concept of \u201cvibrant society\u201d\u2014the foundation of the Vision\u2014and have contributed with enthusiasm and innovation to achieving accomplishments in various fields.<\/p>\n<p>In concluding his remarks, Al-Jadaan noted that the global economy is showing signs of improvement despite ongoing and escalating geopolitical conflicts that could create new challenges in the near term. Nevertheless, the Kingdom\u2014praise be to God \u2014its strong financial position and has continued to implement its development projects and plans, remaining largely unaffected; this is due to the effective fiscal policies put in place by the government to ensure its readiness to face all domestic and global economic challenges.<\/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\"> 3<\/span> <span class=\"rt-label rt-postfix\">Minutes<\/span><\/span>The Ministry of Finance announced today the final statement of the state budget for fiscal year 2025, projecting total expenditures of approximately 1,285 billion riyals and total revenues of approximately 1,184 billion riyals, amid estimates of a deficit of 101 billion riyals, representing approximately 2.3% of gross domestic product. Details of the 2025 General Budget: The statement reviewed the figures and details of the 2025 budget, including \u2026 <a title=\"With expenditures of 1,285 billion riyals and revenues of 1,184 billion riyals. Learn about the details of the 2025 general budget\" class=\"read-more\" href=\"https:\/\/amlak.net.sa\/en\/71875\/\" aria-label=\"Read more about the 2025 general budget, with expenditures of 1,285 billion riyals and revenues of 1,184 billion riyals... Learn more about the details\">Read more<\/a><\/p>","protected":false},"author":27,"featured_media":59654,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"0","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_seopress_news_disabled":"","_seopress_video_disabled":"","_seopress_video":[],"_seopress_pro_schemas_manual":[],"_seopress_pro_rich_snippets_disable_all":"","_seopress_pro_rich_snippets_disable":[],"_seopress_pro_schemas":[],"footnotes":""},"categories":[119],"tags":[],"class_list":["post-71875","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-finance"],"acf":{"amlak_post_excerpt":"\u0627\u0644\u0645\u064a\u0632\u0627\u0646\u064a\u0629 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