aziz the appreciation of the Executive Council of the IMF's Directors for the Kingdom's assistance to the developing countries as well as its role in extending economic assistance to Iraq, the West Bank, Gaza and other countries in the region, notably the developing ones. He also lauded the Kingdom's contribution to the reconstruction works in Pakistan which was recently hit by an earthquake. He also praised the Kingdom's role in attaining regional economic integration, and said the Kingdom will also play the same positive role in attaining the GCC monetary union by 2010. The Director General expressed confidence that the Kingdom will go ahead on carrying out the required reforms so as to confront the domestic challenges including creation of job opportunities to the increasing workforce. He noted that the Kingdom's investment program will positively contribute to expanding the activities of the private sector and to the process of economic diversification.