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Emirs laud largest budget
Published in The Saudi Gazette on 28 - 12 - 2011

Emirs and top government officials commended Tuesday the indicators of economic growth in the budget for the fiscal year 1433-1434H (2012), amounting to SR690 billion.
Prince Abdulaziz Bin Majed, Emir of Madina region, said: “This budget is considered a new focus on the extension of the era of prosperity and development of the Kingdom of Saudi Arabia under the leadership of the Custodian of the Two Holy Mosques King Abdullah and the Crown Prince.”
In a statement to Saudi Press Agency, the Emir said Madina region enjoys a great deal of care and attention from the Saudi leadership and a great share of financial appropriations in the budget to accomplish its vital developmental projects in various fields aiming to serve citizens and visitors of the Prophet's Mosque.
Meanwhile, Prince Misha'l Bin Abdullah, Emir of Najran region, prayed to Allah for the protection of King Abdullah and the Crown Prince and for blessings to help them serve the country and its citizens.
He said: “The new fiscal year's budget, the largest budget unveiled in the history of the Kingdom of Saudi Arabia, clearly reflects the keen interest of the leadership in continuing implementation of projects in all regions of the Kingdom in the sectors of education, health, housing, training areas, water and municipal projects and social security.”
Prince Misha'l also highlighted the large-scale services provided to pilgrims and Umrah performers and the gigantic expansion projects undertaken at the Two Holy Mosques and the holy sites.
He said Najran region will have this year, the execution of several projects in various areas including those in roads, drinking water and sanitation, housing and health.
On his part, the Director General of Saudi Credit and Saving Bank, Dr. Ibrahim Bin Abdulaziz Al-Hunaishel, underscored the budget's focus on development projects.
In a press statement, he thanked the generous support of the Saudi leadership and government to the Saudi Credit and Saving Bank to accelerate further its financing operations and affirmed that allocations for the Bank (under the new fiscal year budget) will have a clear impact on the economic and social development of the homeland and the citizens.


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