The Chairman of Asharqia Chamber: The budget confirms the government's determination to enhance growth levels by continuing expansionary spending policies.

The Chairman of the Asharqia Chamber of Commerce, Badr bin Suleiman Al-Rajhi, stated that the annual budget is a budget of "support and empowerment," confirming the solidity of the fundamental data through which the national economy operates. He emphasized that the journey of diversification continues through supportive policies for all economic sectors. The budget demonstrates the government's determination to enhance economic growth by continuing expansionary spending policies. This is in accordance with more controlled measures that focus on improving the efficiency and effectiveness of spending while achieving financial sustainability.

Al-Rajhi expressed his gratitude to the wise leadership for its concern for citizens and the business sector as influential partners in the country's development paths at all levels.

He viewed the estimated budget for the year, with expected revenues of 1.172 trillion riyals, as a testament to the government's commitment to continue comprehensive development. Al-Rajhi pointed out that the approach of continued spending will contribute to improving the efficiency of various productive sectors, including the private sector, as a key partner in the ongoing construction and modernization processes in different regions and cities of the Kingdom.

He affirmed that the new budget includes several positive indicators in various aspects, such as the Kingdom's seriousness in achieving tangible increases in the contribution of non-oil sectors to the gross domestic product. This is through increased spending on infrastructure, local industries, and services, as well as investing in them. The budget also aims to enhance the competitive capabilities of the national economy and national products. Additionally, it demonstrates seriousness in meeting the aspirations of the private sector and investors to continue sustainable development programs. The budget was estimated with balanced spending indicators to reaffirm the commitment to accelerating the economic and social development process and improving the standard of living. This is achieved by prioritizing services that matter to citizens, residents, and visitors from various countries.

Al-Rajhi stated that the budget reflects a more integrated partnership with the private sector by continuing to enhance its role in development projects. The budget works to overcome challenges and emphasizes the Kingdom's commitment to achieving its targets by increasing the attractiveness of the economy as a base for investments, providing significant investment opportunities for both local and foreign capital.

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