• AlRashed: 2014 budget .. The biggest spenders in the human investment

    24/12/2013


    President of the Eastern Chamber described it as "historic" and the largest in the Kingdom
     
    AlRashed: 2014 budget .. The biggest spenders in the human investment and the numbers are "harvest" for the directives of the Custodian of the Two Holy
    Business sector appreciates the State's keenness to employ the result of development in the service of the citizen
    We look forward to achieving true diversity in sources of income to meet the challenges of the future


     


    He said the Chamber's Chairman Abdul Rahman bin Rashed, the General State budget for the new fiscal year 2014 (1435/1436 e) historic is balancing by all accounts, pointing out that the figures regarding allocations and allocations in the areas of investment in education and human, social and health care services, the largest of its kind in the history of government spending in the Kingdom, referring to the acquisition of the education and training sector alone, a quarter of the budget allocation, allocation of 210 billion riyals, an increase of 3%, with Acquired the health services and social security to 108 billion riyals, the equivalent of 12.6% of the budget, an increase of eight percent, while funds for municipal services 39 billion riyals, an increase of 9%.

    Al-Rashed said that these figures reflect a special focus on human investment spending, the interest of the Government of the custodian of the Saudi citizen, the citizen priority ' list ' of government programs. The keenness of the Council of Ministers to ' increase ' credits, investment development, as revealed by the budget figures, the ' message ' clear priority Community occupied by ' the citizen ' on top of the custodian of the Government programs, stressing that the message given by the President for all member, since he led the country, outlined in the last cabinet meeting, in which timeless sayings: Large and small people interviewed, like "me'.
    AlRashid said that the private sector in the eastern region is highly regarded for its budget of ' visions and goals ' future. He said the private sector is viewed with great confidence to the budgeted figures, emphasizing that success indicated by these figures is in reality ' fruitful harvest ' directed by custodian of the two Holy Mosques King Abdullah bin Abdulaziz Al Saud, aided by Deputy Prime Minister and Defense Minister his Royal Highness Prince Salman bin Abdulaziz Al Saud, second Deputy Prince muqrin bin Abdulaziz Al Saud, the Saudi leadership has always strived to employ all the potential home and economic potential and wealth, citizen service, and guidance to the development of all areas that apply to citizens and future generations in the future more promising means of goodness and well-being. The President of the Chamber, the budget is the largest in the country's history, not only in terms of ' figures ', but as ' trends ' that seeks to translate through budget figures for further prosperity and development of ways of life for all citizens.
    He said that the budget for the new fiscal year which is (855) billion riyals, an increase of 35 billion rials from the previous budget of 820 billion emphasizes the interest of custodian of the two Holy Mosques support the orientations of Saudi society and its President to continue to lead the country to further progress towards the future and walk by larger steps in the development process, noting that Saudi citizen also expressed this dreams and hopes for the new budget is the central subject of development,  Provide more job opportunities for citizens, is one of the main objectives of the budget.
    AlRashid noted that a surplus budget this year 2013 who scored 206 billion, reflecting the strength of the Saudi economy and strength, means of continuing the process of economic growth and higher rates in the coming period, expressing confidence in the ability of the economy to achieve good results in restructuring the labor market, in the next phase.   The surplus, said that despite the magnitude of the expenditure on the projects ' development ', guide to health of the national economy and its leisure, amid many uncertainties in global economies, including the economies of the developed and industrialized nations.
    Al-Rashed said the decline in public debt, declining to 75 billion, at the end of this year, reflecting the ability of the economy to cope with various challenges and burdens, noting his world in the last five years of problems and severe crises struck the largest economic powers in the world, is still continuing its ramifications in several States, and the success of the Saudi economy in the midst of this crisis, health guide, management orientation.
    And looked forward to the trend toward consolidation of building economic base for future development projects and a new spirit in order to achieve genuine diversification of income sources to meet any emergency and future challenges, and interest in the development of ' mechanisms ' progress that emphasizes the position of Saudi Arabia, located on the global map, and at the same time compete for possession of the key decision-making progress, particularly the development of education and technology, modern technologies and its variants and developments.
    AlRashid stressed that the private sector and businessmen in the eastern region, particularly appreciate for the custodian to employ the fruits of development process for all social groups in the country, noting that the private sector in the East is determined to move forward in the service of the goals of leadership, mobilizing business service expectations of the nation towards greater progress and prosperity and well-being for every citizen lives on ' the land of the pure.

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