Assaf said that Saudi Arabian General Investment Authority (SAGIA) has exerted major efforts to brief the international community on the Kingdom's competitiveness and advantages in terms of foreign investment, indicating this has been evident in the advancement of the rank of the Kingdom at the International Competitiveness. He pointed out that General Investment Authority aims to reach one of the world's top ten positions at the end of 2010. Dr. Assaf said that the figures of General Statistics and Information Department showed a gradual decrease in inflation rates last November, and he expected that inflation will continue to decline for reasons including a decrease in commodity prices around the world. Dr. Al-Assaf said, "While the world is going through a financial crisis, the timing of this forum is excellent as one of the most essential elements of competitiveness in any country is the financial stability as a whole". He said, "When we look at countries of the world and compare the Kingdom's economy with the economies of these countries, we find ourselves among the best countries in the world with regard to the general budget of the state and the large reserves that support economic growth.
