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King Abdullah orders 3 Jeddah


1426
Eighthly: allocation of an additional sum of SR 8 billion from the surplus of revenues of the fiscal year 1425-1426 for popular housing in various regions of the Kingdom of Saudi Arabia. The implementation programming for this project will take five years with a total allocation of SR 10 billion.
Ninthly: increase of the capital of the Credit Bank by SR 3 billion from the surplus of revenues of the fiscal year 1425-1426. This will raise the total capital the Bank to SR 6 billion. That will help in extending support to governmental employees, either civil or military employees, who are of limited income, as well as other citizens.
Tenthly: increase of the capital the Industrial Development Fund by SR 13 billion to SR 20 billion. This will help in supporting the industrial sector and extending incentives to industrial investments inside and outside the Kingdom of Saudi Arabia.
Eleventh: allocation of SR 15 billion for the program of Saudi Exports in line with the Royal Order number 7651, dated on 6.6.1426.
Twelfth: allocation of what remains from the surplus of the fiscal year 1425-1426 for the repayment of the general debt.
Thirteenth: articles 'firstly to fourthly' will be implemented effective 1.9.1426
Fourteenth: the required procedures should be completed for carrying out the Royal Order, and the concerned authorities will be informed to take the required measures for its implementation.


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