RIYADH: Three Royal Decrees on the national budget for the fiscal year 1432-33 Hijra (2010-11) and the Cabinet's decision approving the budget were issued here Monday. Following are the texts of the Royal Decrees: On behalf of King Abdullah, Custodian of the Two Holy Mosques, We the Deputy Custodian of the Two Holy Mosques Prince Sultan Bin Abdul Aziz Al-Saud decree the following: First Royal Decree The first Royal Decree estimates the state revenues for the fiscal year 1432-33 Hijra at SR540 billion and expenditures are allocated at SR580 billion. The Minister of Finance is authorized to replenish the expenditures for the projects currently financed from the surpluses of the fiscal years from 1424 to 1428 Hijra. Had the budget yielded a surplus, the authorities would have transferred it to the State reserves. No withdrawals are allowed from the reserves unless authorized by a Royal Decree. The Minister of Finance is authorized to borrow and transfer from the state reserves, as deemed necessary, to settle public debt and cover the budget deficit. Second Royal Decree The second Royal Decree deals with the revenues and expenditures of governorates, municipalities and rural compounds as follows: First: Expenses of municipalities and rural compounds for the fiscal year are estimated at SR23.12 billion. Second: The revenues of governorates, municipalities for the fiscal year are estimated at SR3.25 billion. Third: The difference between direct revenues and expenses amounted to SR19.87 billion shall be approved in the State's general budget. Fourth: The expenditures shall be disbursed in accordance with the applicable financial regulations and instructions. Fifth: Governorates and municipalities shall levy their revenues in accordance with applicable regulations and instructions and the concerned bodies shall follow up the implementation. Sixth: Transfer of any surplus of the governorates and municipalities to other governorates and municipalities shall only be authorized by the consent of the president of the Council of Ministers upon the recommendation of the Minister of Municipal and Rural Affairs and Minister of Finance. Seventh: The Minister of Finance shall issue the necessary instructions for implementation within regulations set forth in this decree. Eighth: The Deputy Prime Minister and Minister of Municipal, Rural Affairs and Minister of Finance each according to his authority, will implement this decree accordingly. Third Royal Decree The Third Royal Decree covered revenues and expenditures of general organizations whose budgets are annexed to the State's general budget for fiscal year 1432-33 Hijra. First: Revenues and expenditures of general organizations whose budgets are annexed to the State's general budget are estimated and approved as follows: 1) Revenues of Saudi Ports are estimated at SR2.79 billion and approved expenditures at SR1.37 billion. 2) Revenues and expenditures of the General Organization of Saudi Arabian Airlines are estimated at SR20.92 billion. 3) Revenues of General Organization of Grain Silos and Flour Mills are estimated at SR1.48 billion and approved expenditures at SR1.71 billion 4) Revenues and expenditures of Saline Water Conversion Corporation are estimated at SR14.91 billion. 5) Revenues and expenditures of General Organization of Railways are estimated at SR1.34 billion. 6) Revenues and expenditures of Royal Commission of Jubail and Yanbu are estimated at SR7.48 billion. 7) Revenues and expenditures of Saudi Standards and Quality Organization are estimated at SR154 million. 8) Revenues and expenditures of Saudi Arabian General Investment Authority are estimated at SR157 million. 9) Revenues and expenditures of King Saud University are estimated at SR7.84 billion. 10) Revenues and expenditures of King Abdulaziz University are estimated at SR3.91 billion. 11) Revenues and expenditures of King Fahd University of Petroleum and Minerals are estimated at SR1.12 billion. 12) Revenues and expenditures of Imam Mohammed Bin Saud Islamic University are estimated at SR2.72 billion. 13) Revenues and expenditures of Islamic University are estimated at SR655 million. 14) Revenues and expenditures of King Faisal University are estimated at SR1.60 billion. 15) Revenues and expenditures of Umm Al-Qura University are estimated at SR1.91 billion. 16) Revenues and expenditures of King Khaled University are estimated at SR2.69 billion. 17) Revenues and expenditures of Taibah University are estimated at SR1.42 billion. 18) Revenues and expenditures of Al-Qassim University are estimated at SR1.70 billion. 19) Revenues and expenditures of Al-Taif University are estimated at SR1.26 billion. 20) Revenues and expenditures of Jizan University are estimated at SR1.082 billion. 21) Revenues and expenditures of Al-Jouf University are estimated at SR89 million. 22) Revenues and expenditures of Hail University are estimated at SR88 million. 23) Revenues and expenditures of Tabuk University are estimated at SR79 million. 24) Revenues and expenditures of Baha University are estimated at SR62 million. 25) Revenues and expenditures of Najran University are estimated at SR63 million. 26) Revenues and expenditures of Northern Border University are estimated at SR54 million. 27) Revenues and expenditures of Princess Noura Bint Abdulrahman University are estimated at SR83 million. 28) Revenues and expenditures of Dammam University are estimated at SR2 billion. 29) Revenues and expenditures of Kharj University are estimated at SR62 million. 30) Revenues and expenditures of Al Majma'ah University are estimated at SR35 million. 31) Revenues and expenditures of Shaqra University are estimated at SR57 million. 32) Revenues and expenditures of the Technical and Vocational Training Corporation are estimated at SR4.60 billion. 33) The revenues and expenditures of King Abdulaziz City for Sciences and Technology are estimated at SR1.69 billion. 34) The revenues and expenditures of Institute of Public Administration are estimated at SR47 million. 35) The revenues and expenditures of King Faisal Specialist Hospital and Research Center at SR4.46 million. 36) The revenues and expenditures of Saudi Red Crescent Authority are estimated at SR1.62 billion. 37) The revenues and expenditures of Military Industries Corporation are estimated at SR1.53 billion. 38) The revenues and expenditures of Saudi Geological Survey are estimated at SR208 million. 39) The revenues and expenditures of Saudi Commission for Tourism and Antiquities are estimated at SR468 million. 40) The revenues and expenditures of Communications and Information Technology Commission are estimated at SR959 million. 41) The revenues and expenditures of Saudi Food and Drug Authority are estimated at SR624 million. 42) The revenues and expenditures of Saudi Post are estimated at SR2.135 billion. 43) The revenues and expenditures of General Authority of Civil Aviation are estimated at SR7.9 billion. 44) Revenues and expenditures of Human Rights Commission are estimated at SR73 million. 45) Revenues and expenditures of General Commission for Housing are estimated at SR169 million. 46) Revenues and expenditures of General Survey Authority are estimated at SR326 million. 47) Revenues and expenditures of King Abdullah City For Atomic and Renewable Energy are estimated at SR500 million. Second: The surplus of revenues and unpaid amounts drawn from budget allocations shall be deposited in the current account of the Ministry of Finance at the Saudi Arabian Monetary Agency. Third: Revenues and expenditures shall be levied and disbursed in accordance with applicable regulations and instructions. Fourth: With the exception of the General Organization for Saudi Arabian Airlines, the budgets of other general organizations shall be governed by the provisions provided for in articles (3-7-8-9-10-11-12-13-14-15) of the Royal Decree No. (M/5) dated 14/1/1432H, approving the State General Budget for the fiscal year 1432-33 Hijra. Fifth: The Minister of Finance shall issue the necessary instructions to implement this within the stipulations in this decree. Sixth: The Deputy Premier, ministers and heads of authorities with independent budgets shall implement this decree in accordance with their specified authorizations. The decision of the Cabinet number M/5 dated 14/1/1432H, approved the general budget of the State for the fiscal year 1432-33 Hijra and stated that all government agencies should spend no more than budget's appropriations and should not commit to any expenditure that has no allocation. In this regard, the Cabinet's decision number 157 dated 12/9/1420H, should be applied. In the case of an emergency that cannot be deferred, the matter should be reported to the King according to Article 73 of the Basic Law and Article 27 of the regulation of the Cabinet.
