Then, the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud has signed the royal decrees of the budget. In a statement to Saudi Press Agency (SPA) following the session, Dr. Adel bin Zaid Al-Toraifi, Minister of Culture and Information, said that the minister of finance provided a briefing about the State's General Budget where he disclosed the financial results for the current fiscal year 1437/1438H and highlighted the main features of the State's General Budget for the new fiscal year 1438/1439H. The minister of finance said that the Kingdom's economy is considered one of the biggest economies in the Middle East and North Africa where it is represented 25% of the Gross Domestic Product (GDP) in the region. The size of the Kingdom's economy is doubled until it has become one of the largest twenty economies in the world where it was 27th rank in 2003. The average of the Kingdom's real growth of the over the past decade reaches 4% annually. The government invested SR1.7 trillion in the capital projects of the sectors of infrastructure, education and health. It is expected that the GDP for the 1437/1438H (2016) at constant prices (2010 = 100) (SR2,581 billion) according to estimates of the General Authority of Statistics with raise of 40%. The oil sector is to grow by 3,37%, the governmental sector 0,51% and the private sector with 0,11%. The activity of oil refining is achieved a growth with 14,78% as the highest growth rate within the economic activities of the real total GDP. --More 17:31 LOCAL TIME 14:31 GMT www.spa.gov.sa/w296497