In light of these figures, the Minister of Finance asserted that these figures of budget performance reflect our continued progress towards long-term objectives of economic reform plans, ensuring balanced financial performance and keeping in the right track of the budget forecast for 2017. "Despite of the current economic challenges, the economic reforms and procedures, included in the Financial Balance Program within the Kingdom Vision 2030, proved its efficiency. They contributed to more non-oil revenues. We are making progress in building a stronger and more diversified economy," Al-Jadaan said. "We are very pleased with the optimism of the International Monetary Fund (IMF) report, both in terms of its expectations for medium-term growth, which indicates a great confidence in our approach, or with regard to our long-term financial and economic prospects, and interest of major international investors of the Kingdom. We have again benefited from the international bond markets reflecting the growing confidence in the Kingdom's economy and the strong fundamentals of this economy. Investors' keenness was reflected at the Future Investment Initiative (FII) organized recently by the Public Investment Fund in Riyadh," he added. The Minister of Finance concluded that announcement of the Q3 budget performance report confirmed our long-term commitment in transparency and financial disclosure. --SPA 18:37 LOCAL TIME 15:37 GMT www.spa.gov.sa/w541005