{"id":59169,"date":"2025-08-05T03:06:14","date_gmt":"2025-08-05T03:06:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/59169\/"},"modified":"2025-08-05T03:06:14","modified_gmt":"2025-08-05T03:06:14","slug":"imf-says-saudi-arabia-has-cut-spending-enough-even-if-oil-slides","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/59169\/","title":{"rendered":"IMF Says Saudi Arabia Has Cut Spending Enough Even If Oil Slides"},"content":{"rendered":"<p class=\"media-ui-Paragraph_text-SqIsdNjh0t0-\" data-component=\"paragraph\">Saudi Arabia has cut spending enough this year and probably won\u2019t need to make further fiscal adjustments even if crude oil prices weaken, according to the <a href=\"https:\/\/www.bloomberg.com\/quote\/13347Z:US\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">International Monetary Fund<\/a>.<\/p>\n<p class=\"media-ui-Paragraph_text-SqIsdNjh0t0-\" data-component=\"paragraph\">The kingdom <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-11-26\/saudi-arabia-plans-to-cut-spending-while-diversifying-economy\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">said in late 2024<\/a> it would trim 2025 expenditure to 1.285 trillion riyals ($342 billion) after previously overshooting on its targets in a bid to drive progress on its plans to diversify the economy.<\/p>\n","protected":false},"excerpt":{"rendered":"Saudi Arabia has cut spending enough this year and probably won\u2019t need to make further fiscal adjustments even&hellip;\n","protected":false},"author":2,"featured_media":59170,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,4017,3055,110,101,11520,1533,2420,44452,112,129,44454,44453,131],"class_list":["post-59169","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-cities","tag-debt","tag-economics","tag-economy","tag-generic-1st-cl-future","tag-goldman-sachs-group-inc","tag-government","tag-international-monetary-fund","tag-markets","tag-middle-east","tag-mohammed-bin-salman-bin-abdulaziz-al-saud","tag-organization-of-the-petroleum-exporting-countries","tag-saudi-arabia"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/59169","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=59169"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/59169\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/59170"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=59169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=59169"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=59169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}