1437 AH are estimated at SR 38,251,598,000 (thirty eight billion, two hundred fifty one million and five hundred ninety thousand Saudi riyals.) Second: The revenues of municipalities for the fiscal year 1436-1437 AH are estimated at SR 5,545,430,000 (five billion, five hundred forty five million and four hundred thirty thousand Saudi riyals.) Third: The difference between direct revenues and expenditures amounted to SR 32,706,168,000 (thirty two billion, seven hundred and six million and one hundred sixty eight thousand Saudi riyals) 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: municipalities shall levy their revenues in accordance with applicable regulations and instructions and the concerned bodies shall follow-up the implementation of this. Sixth: Budgets of municipalities shall be subject to rules in articles 3,7,8,9,10,11,12,13,14,15 of the royal decree number M/*** dated on 3/3/1436 H. approving the general budget of the state for fiscal year 1436/1437. Seventh: Transference of articles' surplus of the municipalities to other municipalities shall only be authorized by the consent of President of Council of the Ministers upon the recommendation of the Minister of Municipal and Rural Affairs and Minister of Finance. Eighth: The Minister of Finance shall issue the necessary instructions for implementation within regulations set forth in this Decree. Ninth: The Deputy Prime Minister, Minister of Municipal, Rural Affairs and Minister of Finance each according to his authority, shall implement this Decree accordingly. --MORE 14:46 LOCAL TIME 11:46 GMT تغريد
