Othaim: Budget boosted confidence in the Saudi economy And affirmed the Kingdom interest to achieve the aspirations of the citizens.

Confirmed by Mr. Abdullah Bin Saleh Al Othaim Chairman of Othaim Holding that the budget fiscal year 1434 - 1435 announced by the Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz Al–Saud "may God preserve him," (820) billion riyals, which is the largest budget in the history of the Kingdom enhance confidence in the national economy and emphasizes its competitive ability and willingness to absorb all of the variables. also Othaim indicators, the new budget is a good message by our government, to achieve the aspirations of the citizens and explore the prospects for a prosperous future with confidence and assurance.

Othaim Said , The budget absorbed desire the state in promoting the sustainable development and spur economic growth by focusing and prioritizing development projects for the sectors of education, health and security services, social and municipal water and sanitation, roads and supporting scientific research, as well as interest in providing job opportunities and raise living standards and improve the ways of life and to achieve prosperity for its citizens. Othaim pointed to the large surplus achieved by the budget year 2012 despite higher actual expenditures, an increase of 23.6%, where is the budget surplus which amounted to 386 million riyals, the largest in the history of the Kingdom.

Othaim concluded his statement as a pray to the Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz Al Saud and the Crown Prince His Royal Highness Prince Salman bin Abdulaziz Al Saud that God provide them succor and every success for the good and development of our precious kingdom and saves our country security, development and peace and stability.

Fahad Al Othaim: budget expressed desire to drive in achieving comprehensive development and meet the aspirations of the citizen

Praised Mr Fahad bin Abdullah Al Othaim CEO Othaim property investment and development the budget of the state for this year and announced by the Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz Al Saud, "God preserve him," and that budget is the largest in the history of the Kingdom (820) billion riyals and more than (130) billion riyals for the previous fiscal year's budget of 2012.

Said CEO Othaim The budget expressed desire to drive to meet the aspirations of the citizen and confirmed practically intention firm in achieving comprehensive development, where is the budget year 1434-1435 e extension of the march of good and tender, achievement and development, and enhanced by the large numbers of the budget during the last three years and that led to a record high in the GDP number exceeded 2727 billion riyals. Othaim added that budget indicators confirms the strength and durability of the Saudi economy and the multiplicity of its resources where almost non-oil revenues cent billion riyals which enhances the ability of the economy to overcome the difficulties and not influenced by any fluctuations occur for world oil prices. He noted CEO Othaim real estate investment and development to one of the most important headlines of the success of the economic policy of the state is to reduce the public debt (685) billion riyals ten years ago to less than one hundred billion riyals at the end of the fiscal year 2012. Othaim confirmed that the budget all the positive indicators and figures included therein, happy is a sincere call for optimism and look to the future with confidence and assurance under the leadership of the Custodian of the Two Holy Mosques and the Crown Prince "God bless them"