Royal decrees issued for FY 2009 State Budget

December 22, 2008


Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz issued today three royal decrees on the State Budget for fiscal year 2009 (1430/1431 H).

 

The first decree:

First: State revenues for FY 1430-1431 H are estimated at SR 410 billion [$109.4 billion] and expenditures are 475 billion [$126.7 billion].

Second: The Minister of Finance is authorized to withdraw from this account to replenish the expenditures for the projects currently financed from the surpluses of FY 1424 to FY 1428 H.

Third: Had the budget yielded a surplus, the authorities should transfer it to the state reserves. No withdrawals are allowed from it unless authorized by a royal decree.

Fourth: The Minister of Finance is authorized to borrow and transfer from the state’s reserves, as deemed necessary, to settle public debt and cover the budget deficit.

Fifth:
(A) Transfers from a budget’s accredited chapter or branch can take place according to a decision by the Minister of Finance based on a joint report between him and the relevant minister or head of an independent budget authority.

(B) Transfers between appropriations in the budget’s chapters can take place by a decision of the Minister of Finance.

Sixth: The appointment or promotion of government personnel, workers and laborers is not allowed unless for jobs accredited in the budget. Also, no new jobs or levels or ranks can be created, except what is allocated by the budget. Changes in job titles and classifications will be ordered by the Minister of Civil Service.

The second decree:

First: The expenses of municipalities and rural compounds for FY 1428-1429 H are estimated at SR 16,257,946,000 [$4.3 billion].

Second: The revenues of governorates, municipalities and rural compounds for FY 1428-1429 H are estimated at SR 2,103,506,000 [$561 million].

Third: The difference between direct revenues and expenses, amounting to SR 15,641,096,000 [$4.2 billion], shall be approved in the state’s general budget.

Fourth: The expenditures shall be disbursed in accordance with the applicable financial regulations and instructions.

Fifth: Governorates, municipalities and rural compounds shall levy their revenues in accordance with applicable financial regulations and instructions and the concerned bodies shall follow-up on the implementation.

The third decree:

First: Revenues and expenditures of general organizations whose budgets are annexed to the state’s general budget for fiscal year 1430/1431 H are estimated and approved as follows (exchange rate about US$1 = SR 3.75):

1-Revenues of the General Organization of Ports are estimated at SR 2.27 billion [$267 million] and approved expenditures at SR 1,067,324,000 [$285 million].

2-Revenues and expenditures of the General Organization of Saudi Arabian Airlines are estimated at SR 19.503 billion [$5.2 billion].

3-Revenues of the General Organization of Grain Silos and Flour Mills are estimated at 1.432 billion [$382 million] and approved expenditures at 935,387,000 [$250 million].

4- Revenues and expenditures of the General Corporation of Saline Water Conversion are estimated at SR 7,645,527,000 [$2.04 billion].

5-Revenues and expenditures of the General Organization of Railways are estimated at SR 1,147,101,000 [$306 million].

6- Revenues and expenditures of the Royal Commission of Jubail and Yanbu are estimated at 6,717,629,000 [$1.8 billion].

7- Revenues and expenditures of the Saudi Arabian Commission of Specification and Standardization are estimated at SR 161,637,000 [$43 million]

8- Revenues and expenditures of the Saudi Arabian General Investment Authority are estimated at SR 136,303,000 [$36 million].

9- Revenues and expenditures of King Saud University are estimated at SR 5,423,782,000 [$1.45 billion].

10- Revenues and expenditures of King Abdulaziz University are estimated at SR 2,906,650,000 [$775 million].

11- Revenues and expenditures of King Fahd University of Petroleum and Minerals are estimated at SR 921,060,000 [$245.6 million].

12- Revenues and expenditures of Imam Mohammed bin Saud Islamic University are estimated at SR 2,192,698,000 [$585 million].

13-Revenues and expenditures of Islamic University are estimated at SR 493,908,000 [$132 million].

14-Revenues and expenditures of King Faisal University are estimated at SR 2,741,146,000 [$731 million].

15-Revenues and expenditures of Umm Al-Qura University are estimated at SR 1,693,515,000 [$452 million].

16-Revenues and expenditures of King Khalid University are estimated at SR 1,974,558,000 [$526 million].

17-Revenues and expenditures of Taibah University are estimated at SR 1,150,611,000 [$308 million].

18-Revenues and expenditures of Al-Qassim University are estimated at SR 1,296,921,000 [$345.8 million].

19-Revenues and expenditures of Al-Taif University are estimated at SR 935,536,000 [$250 million].

20- Revenues and expenditures of Jazan University are estimated at SR 720,720,000 [$192 million].

21- Revenues and expenditures of Jouf University are estimated at SR 694,519,000 [$185 million].

22- Revenues and expenditures of Hail University are estimated at SR 588,137,000 [$157 million].

23- Revenues and expenditures of Tabuk University are estimated at SR 500,357,000 [$133 million].

24- Revenues and expenditures of Baha University are estimated at SR 445,880,000 [$119 million].

25- Revenues and expenditures of Najran University are estimated at SR 398,640,000 [$133 million].

26- Revenues and expenditures of Northern Border University are estimated at SR 444,299,000 [$118 million].

27- Revenues and expenditures of Norah bint Abdulrahman University are estimated at SR 1,425,603,000 [$380 million].

28- Revenues and expenditures of the General Organization for Technical Education and Vocational Training are estimated at SR 3.735 billion [$996 million].

29- Revenues and expenditures of King Abdulaziz City for Sciences and Technology are estimated at SR 1,115,413,000 [$298 million].

30- Revenues and expenditures of General Administration Institute are estimated at SR 339,639,000 [$90 million].

31- Revenues and expenditures of King Faisal Specialist Hospital and Research Center are estimated at 3,879,250,000 [$1.02 billion].

32- Revenues and expenditures of Saudi Red Crescent Society are estimated at SR 1,399,403,000 [$373 million].

33-Revenues and expenditures of Military Industries Corporation are estimated at SR 1,206,061,000 [$322 million].

34- Revenues and expenditures of Saudi Geological Survey are estimated at SR 164,670,000 [$44 million].

35- Revenues and expenditures of Supreme Commission for Tourism are estimated at SR 384,935,000 [$102 million].

36- Revenues and expenditures of Communications and Information Technology Commission are estimated at SR 396 million [$106 million].

37- Revenues and expenditures of Food and Drug Authority are estimated at SR 393.5 million [$105 million].

38- Revenues and expenditures of Saudi Post are estimated at SR 1,796,315,000 [$479 million].

39- Revenues and expenditures of General Authority of Civil Aviation are estimated at SR 5,149,929,000 [$1.37 billion].

40- Revenues and expenditures of Human Rights Commission are estimated at SR 55,743,000 [$14.8 million].

41- Revenues and expenditures of General Commission for Housing are estimated at SR 74,120,000 [$19.7 million].

42- Revenues and expenditures of General Authority of Survey are estimated at SR 175,881,000 [$46.9 million].

Second: The surplus of revenues and unpaid amounts drawn from budget allocations shall be deposited in the current account of the Ministry of Finance at the Saudi Arabian Monetary Agency (SAMA).

Third: Revenues and expenditures shall be levied and disbursed in accordance with applicable regulations and instructions.

Fourth: With the exception of the General Organization for Saudi Arabian Airlines, the budgets of other general organizations shall be governed by the provisions provided for in articles (3-7-8-9-10-11-12-13-14-15) of the Royal Decree No. (M/86), dated 24/12/1429 H, approving the General Budget for FY 1430-1431 H.

Fifth: The Minister of Finance shall issue the necessary instructions for implementation.

Sixth: The Deputy Premier, Ministers and Heads of Authorities with independent budgets shall, each according to his liability, implement this Decree accordingly.

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