Announced the largest budget in the history of the Kingdom: spending 690 billion riyals

Custodian of the Two Holy Mosques: we provide more jobs for citizens and to promote development

87 billion for health and social development .. And 29 billion for municipal services and 35 billion for roads and transport and communications and 58 billion for water, industry and agriculture.
- 265 billion for development projects in the areas .. And 168 billion for public education and higher education and workforce training in the budget for 2012.
- The establishment of 700 schools and credits to complete the university cities and projects of technical training and technical support.
- 17 new hospitals, cities and sports clubs and to support social welfare programs.

Council of Ministers approved in its meeting held under the chairmanship of the Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz Al Saud chaired today the first Monday of the month of Safar 1433 AH, corresponding to the sixth and twentieth of December 2011, at Yamamah Palace in Riyadh , the general budget of the state's new fiscal year 1433/1434 AH.
His Excellency the Minister of Culture and Information Dr. Abdulaziz bin Mohieddin Khoja, in his statement to Saudi Press Agency following the meeting: The Council considered the guidance cream of the Custodian of the Two Holy Mosques, in this meeting, which began with verses from the Koran, the state budget for the financial year 1433 / 1434 e and approved.
Then, the Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz Al Saud - endorsed by God - Additional word, to his brothers and sons of citizens, he announced his budget, with the following text of the speech, which oversees dumping of HE the Secretary General of the Council of Ministers, Mr. Abdul Rahman bin Mohammed Al Sadhan:
In the name of God the Merciful
Praise be to God, prayer and peace upon our Prophet Muhammad and his family and companions.
Brothers and sons of citizens.
Peace be upon you and God's mercy and blessings.
Praise to God and His help and guidance, we announce the budget of the new fiscal year 1433 / 1434 e, which amount to (690), six hundred and ninety billion riyals, an increase of (110) billion riyals for the estimated budget for the current financial year 1432 / 1433 in the embodiment of the continuation of our commitment to promoting sustainable development in our country expensive and provide more job opportunities for citizens and confirmation of continuing the balanced development between sectors and between regions, taking into account the outlook for the financial state and balance, which includes the new projects and additional phases for a number of projects previously approved estimated total cost of $ (265) billion riyals. This further strengthens and supports the budget recently enacted by royal decrees hope when implemented can contribute to improving the standard of living of the citizens also confirms that our approach to give priority to human development which is the basis of comprehensive development. Accordingly, it was adopted more than (168) billion riyals from public expenditures for public education and higher education and workforce training.
Include the continuation of its work in implementing the project to develop public education and the adoption of the establishment of more than (700) Benin for a new school and girls and funds to complete the university cities and projects in the field of technical training and technical support.
In the health sector and social development work continues to provide and raise the level of health and social services towards the adoption of (87) billion riyals. The new budget included a number of projects including the construction and equipping of primary health care centers in all regions of the Kingdom, and the establishment of (17) new hospitals. The budget included new projects for the establishment of sports clubs and cities and the role of care and observation of social and rehabilitation and the necessary funds to support social welfare programs.
Have been adopted more than (29) billion riyals to be spent on municipal services. The budget for this sector, new projects and additions to some existing projects.
As spending on roads and transport and communications for more than (35) billion riyals. The budget included new projects and additions to previously approved projects.
The total approved for the sectors of water, industry, agriculture and other basic equipment to (58) billion riyals.
The budget includes funds to continue its predecessors in the implementation of the National Plan for Science and Technology, and the "National Plan for Communications and Information Technology." Will also continue to fund development banks and specialized government lending in the industrial, agricultural and small and medium enterprises in support of economic development and stimulate trade finance.
Finally, we thank God that enabled us to continue to work to harness the love of God this nation has the resources and energies to the development of our dear country, and we ask - the Almighty - the help and success to continue to do so, and to benefit in this budget for all citizens and to prevail in its goodness throughout our dear country, and we in this place on the strict implementation of and loyal and follow-up to it.
• estimate the revenue in the new budget of $ 702 billion riyals.
• public expenditure identified in the new budget of $ 690 billion riyals.
• revenues this year of 1.1 trillion rials.
• expenses of the current year amounted to 804 billion riyals.
• The current budget surplus a total of 224 billion riyals.
• the allocation of 440 billion riyals for development funds and financing programs.
• the allocation of 168.6 billion riyals for the training sector and education.
• the allocation of 68.5 billion riyals for health and social services.
• the allocation of 57.5 billion riyals for water, agriculture and other services.
• the allocation of 35.2 billion riyals for the transport and communications sector.
• the allocation of Rls 29.2 billion for the services sector of the municipality.