based al-Yaum said undoubtedly the performance of the Saudi economy has significantly improved in a manner that assured the citizens and residents in the face of current anxieties due to global economic crisis. For the first time in the Kingdom, the daily said the rate of inflation is dropped by six percent. "In order to contain the adverse impact of the economic crisis, the concerned authorities decreased the interest rate and increased the loans of industry as well as the loans of the Saudi credit bank, the agricultural bank and the real estate bank," the paper added. "Moreover the concerned authorities banned the export of some commodities like cement and worked to control the prices so as to make the people avoid repercussions of the financial crisis. In addition to this, the concerned authorities worked to activate economic legislative decisions and to attract more foreign investments to the country. The policy of King Abdullah is focusing on the service of the citizens and development of human resources as well as rehabilitation of the vocational cadres specialized in medicine and modern technology." --MORE
