https://vision2030.ai/tags/public-finance/Recent content in Public-Finance on SAUDI VISION 2030 Intelligence PlatformHugoenSat, 18 Apr 2026 00:00:00 +0000https://vision2030.ai/institutions/mof/Sun, 22 Feb 2026 00:00:00 +0000https://vision2030.ai/institutions/mof/<h2 id="ministry-of-finance-mof-and-saudi-fiscal-kpis">Ministry of Finance (MOF) and Saudi Fiscal KPIs</h2> <p>The Ministry of Finance is the institutional backbone of Saudi Arabia&rsquo;s fiscal governance, responsible for the preparation and execution of the national budget, the management of government revenue and expenditure, sovereign debt issuance, and the formulation of macroeconomic fiscal policy. In the context of <a href="https://vision2030.ai/encyclopedia/vision-2030/">Vision 2030</a>, the MOF has assumed an expanded role as the architect of the Kingdom&rsquo;s transition from oil-dependent public finances to a diversified revenue base capable of sustaining ambitious spending programmes without chronic fiscal deficits.</p>https://vision2030.ai/tracker/priorities/fiscal-sustainability/Sun, 22 Feb 2026 00:00:00 +0000https://vision2030.ai/tracker/priorities/fiscal-sustainability/<h2 id="fiscal-sustainability-scorecard-kpi">Fiscal Sustainability Scorecard KPI</h2> <p>For full strategic analysis, see the <a href="https://vision2030.ai/vision/priority-fiscal-sustainability/">fiscal sustainability priority</a>. Related coverage: <a href="https://vision2030.ai/vision/priority-economic-diversification/">economic diversification</a>, <a href="https://vision2030.ai/regulation/">regulation</a>, <a href="https://vision2030.ai/benchmark/">benchmark comparisons</a>.</p> <h2 id="kpi-dashboard">KPI Dashboard</h2> <table> <thead> <tr> <th>KPI</th> <th>Baseline</th> <th>Target 2030</th> <th>Latest</th> <th>Status</th> </tr> </thead> <tbody> <tr> <td>Non-oil revenue (SAR B)</td> <td>166</td> <td>530</td> <td>402</td> <td>On Track</td> </tr> <tr> <td>Non-oil revenue as % of total revenue</td> <td>28%</td> <td>55%</td> <td>42%</td> <td>On Track</td> </tr> <tr> <td>Government debt to GDP ratio</td> <td>1.6%</td> <td>&lt;30%</td> <td>26.2%</td> <td>On Track</td> </tr> <tr> <td>Budget deficit as % of GDP</td> <td>-15.8%</td> <td>0%</td> <td>-2.3%</td> <td>On Track</td> </tr> <tr> <td>Government reserves (months of spending)</td> <td>48</td> <td>24+</td> <td>31</td> <td>On Track</td> </tr> <tr> <td>Fiscal breakeven oil price (USD/bbl)</td> <td>$95</td> <td>$55</td> <td>$72</td> <td>On Track</td> </tr> </tbody> </table> <h2 id="progress-assessment">Progress Assessment</h2> <p>Fiscal sustainability has been a foundational enabler of <a href="https://vision2030.ai/encyclopedia/vision-2030/">Vision 2030</a>, and the B+ rating reflects the significant progress made in reducing Saudi Arabia&rsquo;s fiscal vulnerability to oil price movements. Non-oil revenue has surged from SAR 166 billion to SAR 402 billion, a 142 percent increase driven by VAT implementation at 15 percent, expatriate levies, government service fees, dividend income from <a href="https://vision2030.ai/institutions/pif/">PIF</a> investments, and improved tax administration. This structural shift has fundamentally changed the revenue composition of the Saudi state.</p>