27/04/2014
Decline in the public debt from 37.3% at the end of 2005 to 2.7% at the end of 2013
Saudi Arabia achieved exceptional achievements during the 9 years .. non-oil output jumps 81.4%
Saudi Arabia has achieved during the past nine years in the reign of King Abdullah bin Abdulaziz Al Saud – supported by God – economic achievements and development have demonstrated to the world that this country's Chief personal exceptional personality have seen manifested reality Viewer for both internal and external. Supportive resolutions were achieved during the short period of remarkable success in economic and development fields such as localization, reducing the unemployment rate and create more job opportunities for the sons and daughters of the nation through a system of programs and initiatives, in addition to extensive projects in the sectors of water and electricity, telecommunications, air and ground transportation, as witnessed in his reign-successive leaps towards reform and regulation, and amendment to the support programs, employment and social safety net programs for job seekers essential pillars in the Kingdom.
The industry has taken great steps in the era of Saudi King Abdullah bin Abdul Aziz on the economic level, mainly in the evolution of industrial investments since the establishment of the Saudi Industrial Development Fund, increasing the industrial cities of 14 industrial city developed over 40 years, to jump up to 28 industrial city between developed or under development, the size does not exceed 42 million square meters at present has reached 110 million square meters are being increased To 160 million m 2 by 2015, the number of factories to 3,000 factory after the number was no more than 1600 plant and attract private investors to build residential and commercial complexes and service, developing and running water facilities, communications and industrial security estimated investments of more than 2 billion riyals. Non-oil exports also witnessed in this prosperous era, steadily rising from 57 billion in 2004 to reach 205 billion riyals in 2013. The financial and banking sectors, high domestic liquidity of about 553, SR 7 billion in 2005 to approximately 1545, 1 billion reais at the end of 2013, a 1 per cent growth with an average increase of 123, SR 9 billion annually, and the banking sector also registered strong and continued growth during that period, surpassing the power of global financial crisis, the national economy in accordance with the latest technology in banking and financial services. As leading indicators of economic development, the increase in real GDP for the non-oil sector from 2005 until the end of 2013 by 81 per cent, a record balance of payments surplus reached 3.6 trillion riyals, and actual expenditures of public finance about 5.7 trillion riyals, with ratio of public debt to GDP of 37 per cent at the end of 2005 to 2.7 per cent at the end of 2013, while the Kingdom has maintained rates of classification Sovereign financial solvency of high international rating institutions, most recently the world Fitch raised credit rating assessment from AA-to AA with a stable Outlook, underscoring the strength of its economy and its financial strength makes them more attractive to local and foreign investment, confidence remains high that continued strong growth and overall development of the economy under the wise leadership of King . The higher education of unprecedented development led to the opening of new colleges and universities were all cities and provinces to a total of 28 League, in addition to tens of thousands of Saudi young men and women to various countries in the world, with over 150 thousand, in many cities medical health and dozens of hospitals and medical centers, as well as initiatives to address the housing problem and to develop radical solutions have provided hundreds of billions to the Ministry introduced new large support. He is the custodian of the early this year, start corrective campaign private sector cooperation of ministries of labor and Interior, has had a significant impact on the eradication of irregular appearances, covering aspects of trade and the shadow economy, and correct the situation.
With this occasion, renewed and tender recall the patronage of the custodian of the Government-and the great support for the promotion and development of these services, which continue through God-pace of growth, making the duration of wisdom-by God-filled with achievements and developments, water and sanitation continue to expand and improve infrastructure, increase financial allocations, project costs almost 110 billion riyals, total lengths of water more than 92 000 km, the number of Executing water connections 2 million plug it rose daily rate for swapping networks in Saudi Arabia to 8 million cubic meters of sewage connections over 1,100,000 plugged, increase the length to 30,000 km, accompanied by an increase in capacity design of treatment plants by upgrading existing stations and the expansion of new plants, and increased amounts of treated wastewater on 3.6 million cubic metres a day, equivalent to about 60 percent of consumption of water for municipal purposes, in addition to improving the quality of the Water development of all Development of all stations to triple expansion of water transfer projects to make the most of them, reuse for agricultural, industrial, commercial, recreational, executing the dams under construction 525 dams, a total storage of more than 2.5 billion cubic meters, of which six dams with a storage capacity alone billion cubic meters, has exceeded the stock one only is Besh dam 190 million cubic metres, despite the release of more than 220 million cubic meters in the Valley of the feed Agriculture and environmental conservation, and the stock plug costume southern Osaka about 250 million cubic meters, the dam will be newly-God-supportive in providing the cities Mecca, Jeddah, Taif, in need of drinking water.
In the telecommunications and information technology sector, estimates that spending on telecommunications services and information technology estimated 102 billion in 2013, compared with 21 billion in 2002, with an average annual growth of about 10 per cent, and spending on information technology represents about 36 percent of the total spending, mostly concentrated in the expenditure on hardware and it services. Is expected to grow the size of the spending on telecommunications services and information technology by more than 10 per cent in 2014 because of large investments from the Government and private sectors, market communications and information technology services, strong growth in demand for the latest technology products and programs for the protection and security of information with increased interest in modern technology and interactive applications in line with new developments in information technology and communications networks, this will lead to growing direct investment in telecommunications and information technology services and support services have.
The private sector still retains the highest prevalence are classified as globally regarding the proliferation of mobile services, amounting to 170 percent by the end of 2013, at the end of the same year reached Internet penetration over 55 per cent of the population, while 5 per cent in the year 2001, setting up subscriptions in broadband services across mobile networks and fixed more than 17 million. In terms of airports, the King Khaled international airport in Riyadh is these days a massive project to develop radically, involves two phases, the first capacity increase to 35.5 million passengers annually, is expected to be completed by the end of 2017, with flying phase II energy airfield to 47.5 million passengers, noting the decision of the Council of Ministers No. 43 dated 4/2/1434, , By which the Council adopted the ' strategic plan for the advancement of civil aviation industry in the Kingdom ' to complement the precious property decisions issued at the beginning of the month of Dhul Hijjah 1431 Ah, the transfer of the functions of the Civil Aviation of the Ministry of defense to the civil aviation authority, a body reporting to the Prime Minister directly. There are also several other projects of airports, including the establishment and operation of Prince Mohammad bin Abdulaziz airport in Medina, the new international, which is implemented by BTO to become the first airport in the United Kingdom is fully implemented by this method, is expected to be completed by 2015, will meet the expected increase in passenger numbers over the next 25 years.
It was good for the head station produced 1.025.000 cubic metres per day and 2,400 MW of electricity, and the plant stems 3 and its card 550 million cubic meters of water a day, and 2,500 megawatt of electricity, this year's God willing-facial station 4 station Dhaba 4 and 3 field station with a capacity of 9,000 cubic meters per day, Aqeer station 1 card 10,000 cubic meters per day reverse osmosis technology per unit, in addition to the new routes to carry water to the city of Riyadh, study and preparation of specifications of the Rabigh power plant project with a production capacity of 3 million cubic meters a day, to meet the future demand of water in Mecca, Jeddah, Taif. The production of phase III of the station in Jeddah started by 240,000 cubic meters of desalinated water a day Launched at the end of last year, MED unit established in cooperation between the Foundation and the Korean Doosan card 70,000 cubic meters per day, within the total desalination plants in Yanbu to feed the Medina and its provinces. And Committee on Agriculture and food security in Riyadh was pleased with the ninth anniversary of the accession of the custodian, he endorsed by God reins amid the joy and pride of the citizens of our country in this prosperous era. And stressed that the Kingdom in various aspects of life, and their incentives and programs to encourage agricultural investment has had an impact in the agricultural Renaissance taking place in the Kingdom today and thankfully rising GDP for the agriculture sector from 6.3 billion in 1981 to $ 51.6 billion in 2013, leading to an increase in the contribution of the agricultural sector in the GDP of the non-oil sectors to 3.6 per cent, while its contribution to GDP for all Sectors including the oil about 2 per cent in the agricultural sector occupied a prominent place among the sectors of the national economy, by the grace of God and then the server support from King Abdullah bin Abdulaziz.
