Riyadh, Rabi'II 2, 1439, Dec 20, 2017, SPA -- The Minister of Energy, Industry and Mineral Resources Eng. Khalid bin Abdulaziz Al-Falih; Minister of Commerce and Investment, Dr. Majed bin Abdullah Al-Qasabi and the Supervisor of the Public Investment Fund, Yasser bin Othman Al-Rumayan took part in the press conference on the impact of expansionary spending on the private sector, which was held at the headquarters of the Saudi Press Agency (SPA) here today, as part of the activities of the announcement of the State's General Budget. Dr. Al-Qasabi said that "The homeland is undergoing a stage of an important historical transformation at economic, cultural and social levels. The Kingdom of Saudi Arabia's Vision 2030 is an ambitious and comprehensive plan that has come to realize our aspirations and those of our sons and daughters. Every citizen has the right to have his/her own ambition and the Kingdom to keep pace with the world exploiting its great services and society." describing this year's budget as historical, comprehensive and diversified. Dr. Al-Qasabi revealed that there is a process of restructuring and merger of agencies as well as the foundation of bodies, and that the budget is the real potential and the engine to generate new jobs to enable the private sector to contribute to the ongoing economic financing. --More 21:42 LOCAL TIME 18:42 GMT www.spa.gov.sa/w569822