Majlis Al-Shura: State budget embodies Kingdom's policy towards strengthening national economy

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Riyadh, Rabi'I 7, 1436, Dec 29, 2014, SPA -- Majlis Al-Shura has extended congratulations to the Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz Al Saud; Crown Prince Salman bin Abdulaziz Al Saud, Deputy Premier and Minister of Defense, and Prince Muqrin bin Abdulaziz Al Saud, Deputy Crown Prince, Second Deputy Premier, Adviser and Special Envoy of the Custodian of the Two Holy Mosques, on the occasion of the issuance of the state's budget for the new fiscal year 1436 - 1437 AH (2014/2015). In a statement read by Majlis Al-Shura Secretary General, Dr. Mohammed bin Abdullah Al Amr, at the beginning of the first session of the third year of the 6th term held by Al-Shura on Monday: "The state's budget, despite the challenges facing the global economy and the decline in oil prices, reflects spending on areas of development in a balanced manner in various regions of the Kingdom," It also praised the wise policy pursued by the Government of the Custodian of the Two Holy Mosques in the field of economy through economic policies that have succeeded in protecting the Saudi economy from fluctuations in global economic conditions and oil prices slump. --SPA 11:56 LOCAL TIME 08:56 GMT www.spa.gov.sa/w

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