{"id":198947,"date":"2018-08-08T17:04:35","date_gmt":"2018-08-08T20:04:35","guid":{"rendered":"https:\/\/anba.com.br\/?p=198947"},"modified":"2019-06-30T12:40:31","modified_gmt":"2019-06-30T15:40:31","slug":"saudi-budget-deficit-shrinks","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/saudi-budget-deficit-shrinks\/","title":{"rendered":"Saudi budget deficit shrinks"},"content":{"rendered":"<p>S\u00e3o Paulo \u2013 Saudi Arabia\u2019s budget deficit shrank to SAR 7.36 billion (USD 1.9 billion) in Q2 2018, against SAR 34.4 billion (USD 9.29 billion) in Q1 2018, according to data released this Wednesday (8) by the country\u2019s Ministry of Finance and published by local news outlets.<\/p>\n<p>The country is aiming to balance its budget until 2023 and is making an effort to diversify its economy, which is oil-dependent. According to the Ministry of Finance, the deficit shrank due to the 67% growth in revenues, which reached SAR 273.6 billion (USD 72.9 billion).<\/p>\n<p>The oil sector revenues increased 82% in the period to SAR 184.2 billion (USD 49 billion), reflecting mainly the increase in prices of the commodity. The non-oil sector revenues also grew, increasing 42% to SAR 89.4 billion (USD 23.8 billion).<\/p>\n<p><strong>Translated by S\u00e9rgio Kakitani <\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-198939\">Ian Timberlake\/AFP<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The budget deficit of the Arab country shrank to SAR 7.3 billion (USD 1.97 billion) in Q2 2018. In Q1 2018, it was SAR 34.4 billion (USD 9.29 billion).<\/p>\n","protected":false},"author":2316,"featured_media":198939,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[11910,4289,393,4291,4292,4290],"class_list":{"0":"post-198947","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-arabia-saudita-en","9":"tag-budget-deficit","10":"tag-saudi-arabia","11":"tag-saudi-arabia-ministry-of-finance","12":"tag-saudi-budget","13":"tag-saudi-deficit"},"wps_subtitle":"The budget deficit of the Arab country shrank to SAR 7.3 billion (USD 1.97 billion) in Q2 2018. In Q1 2018, it was SAR 34.4 billion (USD 9.29 billion).","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/198947","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=198947"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/198947\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/198939"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=198947"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=198947"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=198947"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}