On behalf of King, Crown Prince issued three royal decrees on 2011 state budget

December 20, 2010

On behalf of the Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz, Deputy Custodian of the Two Holy Mosques Crown Prince Sultan bin Abdulaziz today issued three royal decrees on the state's budget for the Fiscal Year 1432/1433 H (FY 2011).

The first royal decree:

The State’s revenues for Fiscal Year 1432/1433 [FY 2011] are estimated at SR540 billion [US $144 billion].  The expenditures for FY 1432/1433 [FY 2011] amounts to SR 580 billion [$154.67 billion].

The Minister of Finance is authorized to withdraw from this account to replenish the expenditures for the projects currently financed from the surpluses of the fiscal years extending from 1424H to 1428H.  Budget surplus shall be returned to the state reserves. No withdrawals are allowed from it unless authorized by a royal decree. The Minister of Finance is authorized to borrow and transfer from the state reserves, as deemed necessary, to settle public debt and cover the budget deficit.

The second royal decree

Revenues and expenditures of governorates, municipalities and rural compounds

First:
The expenses of municipalities and rural compounds for the FY 1432/1433H are estimated at SR23,127,660,000 ($6,167,376,000).

Second:
The revenues of governorates, municipalities for the FY 1432/1433H are estimated at (SR3,257,320,000) ($868,618,667).

Third:
The difference between direct revenues and expenses amounted to SR19,870,340,000 ($5,298,757,333) 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 and municipalities shall levy their revenues in accordance with applicable regulations and instructions and the concerned bodies shall follow-up the implementation of this.

Sixth:
Transference of article surplus of the governorates and municipalities to other governorates and municipalities shall only be authorized by the consent of President of Council of the Minister upon the recommendation of the Minister of Municipal and Rural Affairs and Minister of Finance.

Seventh:
The Minister of Finance shall issue the necessary instructions for implementation within regulations set forth in this Decree.

Eighth:
The Deputy Prime Minister and Minister of Municipal, Rural Affairs and Minister of Finance each according to his authority, implement this Decree accordingly.

Third royal decree

First:
Revenues and expenditures of general organizations whose budgets are annexed to the state's general budget for FY 1432/1433H are estimated and approved as follows:

  1. Revenues of Saudi Ports are estimated at SR2,792,000,000 ($744,533,333) and approved expenditures at SR1,375,625,000 ($366,833,333).
  2. Revenues and expenditures of General Organization of Saudi Arabian Airlines are estimated at SR20,924,000,000 ($5,579,733,333).
  3. Revenues of General Organization of Grain Silos and Flour Mills are estimated at SR1,480,000,000 ($394,666,667) and approved expenditures at SR1,713,100,000 ($456,826,667). Revenues and expenditures of Saline Water Conversion Corporation are estimated at SR14,919,300,000 ($3,978,480,000).
  4. Revenues and expenditures of General Organization of Railways are estimated at SR1,345,471,000 ($358,792,267).
  5. Revenues and expenditures of Royal Commission of Jubail and Yanbu are estimated at SR7,486,094,000 ($1,996,291,733).
  6. Revenues and expenditures of Saudi Standards and Quality Organization are estimated at SR154,286,000 ($41,142,933).
  7. Revenues and expenditures of Saudi Arabian General Investment Authority are estimated at SR157,100,000 ($41,893,333).
  8. Revenues and expenditures of King Saud University are estimated at SR7,843,363,000 ($2,091,563,467).
  9. Revenues and expenditures of King Abdulaziz University are estimated at SR3,916,068,000 ($1,044,284,800).
  10. Revenues and expenditures of King Fahd University of Petroleum and Minerals are estimated at SR1,124,262,000 ($299,803,200).
  11. Revenues and expenditures of Imam Mohammed bin Saud Islamic University are estimated at SR2,723,321,000 ($726,218,933).
  12. Revenues and expenditures of Islamic University are estimated at SR655,772,000 ($174,872,533).
  13. Revenues and expenditures of King Faisal University are estimated at SR1,600,931,000 ($426,914,933).
  14. Revenues and expenditures of Umm Al-Qura University are estimated at SR1,919,688,000 ($511,916,800).
  15. Revenues and expenditures of King Khalid University are estimated at SR2,697,197,000 ($719,252,533).
  16. Revenues and expenditures of Taibah University are estimated at SR1,420,006,000 ($378,668,267).
  17. Revenues and expenditures of Al-Qassim University are estimated at SR1,707,475,000 ($455,326,667).
  18. Revenues and expenditures of Al-Taif University are estimated at SR1,266,213,000 ($337,656,800).
  19. Revenues and expenditures of Jazan University are estimated at SR1,082,933,000 ($288,782,133).
  20. Revenues and expenditures of Jouf University are estimated at SR899,988,000 ($239,996,800).
  21. Revenues and expenditures of Hail University are estimated at SR882,863,000 ($235,430,133).
  22. Revenues and expenditures of Tabuk University are estimated at SR793,116,000 ($211,497,600).
  23. Revenues and expenditures of Baha University are estimated at SR626,835,000 ($167,156,000).
  24. Revenues and expenditures of Najran University are estimated at SR630,057,000 ($168,015,200).
  25. Revenues and expenditures of Northern Border University are estimated at SR548,911,000 ($146,376,267).
  26. Revenues and expenditures of Princess Norah bint Abdulrahman University are estimated at SR834,701,000 ($222,586,933).
  27. Revenues and expenditures of Dammam University are estimated at SR2,008,609,000 ($535,629,067).
  28. Revenues and expenditures of Kharj University are estimated at SR624,662,000 ($166,576,533).
  29. Revenues and expenditures of Al-Majma’ah University are estimated at SR358,994,000 ($95,731,733).
  30. Revenues and expenditures of Shaqra University are estimated at SR575,638,000 ($153,503,467).
  31. Revenues and expenditures of the Technical and Vocational Training Corporation are estimated at SR4,605,362,000 ($1,228,096,533).
  32. Revenues and expenditures of King Abdulaziz City for Sciences and Technology are estimated at SR1,693,647,000 ($451,639,200).
  33. Revenues and expenditures of Institute of Public Administration are estimated at SR472,095,000 ($125,892,000).
  34. Revenues and expenditures of King Faisal Specialist Hospital and Research Center at SR4,462,003,000 ($1,189,867,467).
  35. Revenues and expenditures of Saudi Red Crescent Authority are estimated at SR1,625,258,000 ($433,402,133).
  36. Revenues and expenditures of Military Industries Corporation are estimated at SR1,535,428,000 ($409,447,467).
  37. Revenues and expenditures of Saudi Geological Survey are estimated at SR208,300,000 ($55,546,667).
  38. Revenues and expenditures of Saudi Commission for Tourism and Antiquities are estimated at SR468,400,000 ($124,906,667).
  39. Revenues and expenditures of Communications and Information Technology Commission are estimated at SR959,000,000 ($255,733,333).
  40. Revenues and expenditures of Saudi Food and Drug Authority are estimated at SR624,700,000 ($166,586,667).
  41. Revenues and expenditures of Saudi Post are estimated at SR2,135,144,000 ($569,371,733).
  42. Revenues and expenditures of General Authority of Civil Aviation are estimated at SR7,899,661,000 ($2,106,576,267).
  43. Revenues and expenditures of Human Rights Commission are estimated at SR73,633,000 ($19,635,467).
  44. Revenues and expenditures of General Commission for Housing are estimated at SR169,342,000 ($45,157,867).
  45. Revenues and expenditures of General Survey Authority are estimated at SR326,481,000 ($87,061,600).
  46. Revenues and expenditures of King Abdullah City For Atomic and Renewable Energy are estimated at SR500,000,000 ($133,333,333).

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 and 15 of the Royal Decree No. M/5 dated 14/1/1432H, approving the State General Budget for the FY 1432/1433H.

Fifth:
The Minister of Finance shall issue the necessary instructions to implement this within the stipulations in this decree.

Sixth:
The Deputy Premier, Ministers and Heads of Authorities with independent budgets shall implement this decree in accordance with their specified authorizations.

The decision of the Cabinet No. M/5 of 14/1/1432H, approved the general budget of the state for the FY 1432/1433H and stated that all government agencies should spend no more than budget's appropriations and should not commit to any expenditure that has no allocation. In this regard, the Cabinet's decision number 157 dated 12/9/1420H, should be applied.  In the case of an emergency that cannot be deferred, the matter should be reported to the King according to Article 73 of the Basic Law and Article 27 of the Regulation of the Cabinet.

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