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"Euromoney Saudi Arabia 2015 starts 3 Riyadh

oil sectors of the state's efforts ranged between 6% and 8% over the past five years, bringing the share of private sector output to about 70% of output of non-oil sectors, which account for about 56.5% of real GDP in 2014, pointing out that the factors that have helped this growth opportunities available that accompanied the government spending on development projects and programs and infrastructure.
He revealed that the number of government projects raised during 2014, including those financed from surpluses previous budgets revenues of project contracts amounted to 2572 contracts with a total value of about $ 49 billion, adding that the state budget for 2015 came to confirm the close link between the orientations of public spending and the objectives and priorities of the development plan while working to avoid significant negative effects of oil price fluctuations, it has helped in the great efforts that have been made over the past years to strengthen public finances and strengthening financial solvency to reduce the public debt situation.

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