The year 2009 witnessed many achievements accomplished by the Kingdom of Saudi Arabia under the leadership of the Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz Al Saud who is one of the most prominent advocates of peace, dialogue and solidarity as well as one of the most wise decision-makers in the world. During 2009, the Custodian of the Two Holy Mosques enhanced the Kingdom"s role in political, economic and trade fields at regional and international levels. At the end of 2009, King Abdullah bin Abdulaziz announced the Sate Budget for the fiscal year 2010 amounting to SR 540 billion, despite the economic conditions experienced by the world. The International Monetary Fund 2009 report stressed the soundness of Saudi economic policy which successfully faced the current global financial crisis. The report also commended the Kingdom"s effort to enhance its macroeconomic position, strengthen the financial sector and implement structural reforms to boost private sector-led growth. --More
