Money and business

Economists


Economists are unanimously agreed that the 2026 budget is a transit bridge for a varied economy less dependent on oil, and represents a deliberate expansion approach, which reflects the confidence The state with its developmental path."today": The budget of 2026 , weighing between the continued spending on major strategic projects and diversification of non -oil revenues, and between maintaining the sustainability of public finances." target ="_Blank"> The deficit to a crane for growth, noting that this stage constitutes a transit bridge towards a diversified, more flexible and sustainable economy. Declared and acceptable Economic thinker Professor Mohammed bin Daleem Al -Qahtani said that the difference between revenues and expenditures is approximately 165 billion riyals, equivalent to 3.3% of the GDP, is a deliberate and acceptable deficit in light of an economy the size of Saudi Arabia that exceeds 4 trillion riyals. The calculated expansion to accelerate development projects, not a dangerous structural deficit ». "Muhammad

Al -Qahtani explained that the most appropriate tools for financing this deficit without harming economic growth are: benefiting from the markets of local and international debt in a balanced manner, in order to enhance the Kingdom’s position as a safe issue in the global markets. Budget. Economy. Spending: Increasing the contribution of non -oil activities that have reached more than 56% of the GDP, with its direction to the continuous rise. In the output and job opportunities. For oil revenues in the budget in favor of non -oil revenues, and confirms the government’s commitment to financing major projects even with a deficit, which is evidence of confidence in the development path ». Hind bint Badr Al -Afisan, who holds a PhD in economics and financing, that Saudi Arabia enters in 2026 with a budget that reflects a balance between the continuation of expansion spending to support growth and development of non -oil sectors, and the keenness on financial sustainability within the framework of the third phase of Saudi vision 2030.
She emphasized that the expected deficit does not pose a threat to financial stability as much as it reflects a balanced approach that seeks to employ financial policy as a tool to support economic growth, while preserving the levels of debt within the framework of sustainability and flexibility ». Logistics, technical, and renewable energy. Public Investment Investments, and attracting foreign direct investment. These tools are designed in a way that balances the deficit and the maintenance of financial sustainability, while monitoring their impact on interest rates and public debt. "Fadwa

she explained that relying on flexible and effective tools helps the government to finance the deficit without raising the costs of borrowing or increasing debt, while ensuring support for economic growth and avoiding excessive financial burdens in the long term. Not oil such as technology, tourism, infrastructure, education, entrepreneurship, and innovation, which enhances the capabilities of the economy to sustainable growth and create new job opportunities. And sustainability, through investing in non -oil sectors and developing development initiatives. Nayef Al -Ghaith, that the government chose to walk in an expansion approach with expenses “in order to continue supporting growth”, noting that the non -oil GDP is a candidate for growth exceeding 4.5% during this year and the coming years. The growth of lending levels in the banking sector, which reflects the durability of the financial position."D. Nayef Al -Ghaith" Height ="244" SRC ="** np_image_body[2679374]**" Style ="Float: Left" width ="157"/>

pointed out that the 2026 budget comes within the framework of an expansionist spending policy directed towards major development projects, which contributes to sustainable reinforcement to diversify the sources of income. 2030 ».

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