Middle East Economic Survey
VOL. LIII
No 33
16-Aug-2010
SAUDI ARABIA
Saudi Arabia Approves $385Bn Development Plan
The Saudi Council of Ministers on 9 August endorsed the ninth five-year development plan (2010-14) which envisages the expenditure of SR1,444bn ($385bn) on various infrastructure and welfare projects, an increase of 67% over the total allocations in the previous plan. Presiding over the councils meeting King Abd Allah stressed the need for the implementation of projects in the plan...
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