2005 News Story

Part of State Budget surplus to go to public housing

Minister of Social Affairs Abdulmohsin Al-Akkas has confirmed that SR two billion [U.S. $0.53 billion] of the surplus in this year’s State Budget has been earmarked for projects to construct public housing in various parts of the Kingdom. The Ministry, he said, is currently coordinating with the provincial councils to establish a practical mechanism for these projects, giving priority to the neediest.