sr690bn saudi budget to spur growth
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

SR690bn Saudi budget to spur growth

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice SR690bn Saudi budget to spur growth

Jeddah - Arabstoday

Saudi Arabia announced a record SR690 billion ($184 billion) surplus budget on Monday and said it would continue its programs to achieve sustained and balanced development all over the country, giving top priority to education and manpower training. Custodian of the Two Holy Mosques King Abdullah, who unveiled the budget during a special Cabinet session at Al-Yamamah Palace in Riyadh, said the budget was aimed at strengthening the Kingdom’s development and creating more jobs for Saudis. The budget, which projected SR702 billion ($187.2 billion) in revenue, has allocated SR168 billion for education and manpower training, SR87 billion for health and social development, SR58 billion for water, industry, agriculture and infrastructure, SR35 billion for transport and communication and SR29 billion for municipal services. “We have allocated SR265 billion for new development projects as well as to complete the existing projects,” King Abdullah said in an address to the nation, which was read out on his behalf by Abdul Rahman Al-Sadhan, secretary-general of the Cabinet. King Abdullah said allocations have been made to establish 700 new schools, complete new university campuses and vocational and technical training projects, establish 17 new hospitals and build new sports cities and social care centers. Referring to the welfare projects worth over $100 billion he had announced in March 2011, King Abdullah said the new budget would support those projects. “We hope these projects would improve the living condition of Saudis,” he added. The new projects included 500,000 new housing units valued at SR250 billion.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

sr690bn saudi budget to spur growth sr690bn saudi budget to spur growth

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

sr690bn saudi budget to spur growth sr690bn saudi budget to spur growth

 



GMT 11:03 2018 Tuesday ,23 January

No end to eyesores at Taj Mahal

GMT 10:18 2018 Thursday ,30 August

Iran incapable of closing Hormuz, Bab Al Mandeb

GMT 10:31 2014 Tuesday ,23 December

Mirages of failure: Lebanon cannot wait

GMT 04:53 2016 Monday ,16 May

English Premier League results

GMT 05:06 2024 Tuesday ,06 February

New hunt for flight MH370 gets under way

GMT 06:15 2018 Tuesday ,23 January

Volkswagen clinches record sales

GMT 13:13 2016 Wednesday ,14 December

Unarmed old man killed by police in California

GMT 15:00 2017 Wednesday ,08 March

1 killed, 2 missing due to Avalanche in French Alps

GMT 12:07 2017 Saturday ,25 February

Renault’s R.S.17 features Infiniti co-built ERS

GMT 12:52 2017 Saturday ,04 November

Belgium 'to study' Spain's EU warrant for Catalan leader

GMT 08:40 2017 Wednesday ,01 November

Miss Morocco launch her first charity program

GMT 16:26 2016 Friday ,04 November

All Black brothers in arms ready for rare double

GMT 08:21 2017 Saturday ,30 September

Al Sayed underlines economic improvement

GMT 10:27 2017 Wednesday ,13 December

Strikes kill 12 in rebel-run Yemen prison camp

GMT 10:52 2017 Saturday ,14 October

NGOs slam UN aviation agency plan
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice