The Custodian of the Two Holy Mosques King Fahd bin Abdulaziz has issued royal decrees on the new budget for the fiscal year 1425/1426. In Reference to the royal decree regarding making use of the exceptional increase of income in the fiscal year of 1424/1425, namely, to allocate SR. 41,000,000,000 of the surplus of the income of that year to implement an additional specific program aimed at developing and improving the services that are included in the royal decree for five years starting from the fiscal year of 1425/1426 and the increase of the capital of real estate fund development and Saudi Credit Bank, and in reference to State revenues and expenditures for the fiscal year of 1425/1426, we have decreed: First: The total revenues for the state for the fiscal year of 1425/1426h are projected at SR 280,000,000,000. The state expenditures for the fiscal year of 1425/1426h are budgeted at SR 280,000,000,000. Second: Revenues should be collected in accordance with financial systems and deposited in the current account of the Ministry of Finance at the Saudi Arabian Monetary Agency. --More 1949 Local Time 1649 GMT
