News

06 DEC 2023

Al-Othaim: The budget confirmed the continuation of the comprehensive development march and the confident steps towards further development and renaissance in all fields

Al-Othaim raised the congratulations to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and the Crown Prince, Chairman of the Council of Ministers, His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud - may God protect them - on the occasion of announcing the general budget of the state for the new fiscal year (1445-1446 AH).

Al-Othaim expressed his appreciation for the budget, which included comprehensive developmental, economic, and social purposes and goals, and emphasized the continuation of the implementation of the targets of Vision 2030 and the enhancement of the achievements and gains achieved by the march of economic and financial reforms, and the confident steps towards further development and renaissance in all fields.

Al-Othaim said: The budget strengthened the continuation of the comprehensive and sustainable development renaissance march and confirmed the efforts of the wise leadership and its keenness to continue in programs and initiatives and develop promising economic sectors, enhance attracting investments, stimulate industries, in addition to expanding spending on sectoral and regional development strategies, as well as raising the quality of services provided to citizens, residents, and visitors.

Al-Othaim pointed out that the budget comes in conjunction with the announcement of the Kingdom's winning of hosting the International Expo 2030 in the Saudi capital, Riyadh, which is a culmination of the Kingdom's Vision 2030 and a proof of the world's confidence in Saudi Arabia's ability to organize this unique global event.

Reference