payment of the government's public debt, Crown Prince Abdullah said that, bearing in mind that public debt negatively affects the status of the economy and remains a burden before the new generations, we have decided to allocate the bulk of the surplus to settle part of this debt. He said getting rid of this problem, the economy will become more flexible to adjust its future budgets and enable planners to transfer the money once allocated for serving the debt to development expenditure, including basic infrastructure and maintenance projects. Asked to comment on a notion that ordinary people could not apprehend the importance of re-paying the public debt, Crown Prince Abdullah said, emanating from this concept, it has been decided to appropriate SR30 billion of the surplus for expenditure on social and economic sectors over five years. --More 2327 Local Time 2027 GMT
