Rector of King Fahad University of Petroleum & Minerals Dr. Khalid Al-Sultan: Saudi citizens are at the heart of the leadership and it attempts to spare them the consequences of economic reform

His Excellency Dr. Khalid bin Saleh Al-Sultan, Rector of King Fahd University of Petroleum and Minerals pointed out that the royal orders confirm that the citizens’ life and their prosperity are at the forefront of our wise leadership priorities and that the Custodian of the Two Holy Mosques King Salman bin Abdul Aziz and His Royal Highness the Crown Prince, Prince Mohammed bin Salman bin Abdul Aziz, may God preserve them, shows a lot of concerns for their people.

The decisions pumped more than 50 billion riyals to citizens after pumping about 30 billion in the account of the citizen, which reflects the great interest of our great leadership to the welfare of citizens and its attempt to spare the consequences of economic reforms implemented by our government on the Kingdom vision 2030.

He added that any economic reform, everywhere in the world", is accompanied by some suffering, especially to those with limited income, but our leadership motivated by the love of citizens and compassion have achieved the difficult equation of serious reforms while significantly reducing the consequences and financial difficulties on the citizen.

The decisions targeted the most important aspects of the citizen's life. This includes cost-of-living allowance for citizens and military personnel to spare them the financial burden of VAT and high fuel prices. The government will bear the tax when buying a house for the first time, provided that the price do not exceed 850 thousand riyals.
Our government has borne the VAT of health and education services in the private sector, which is a clear evidence of the government interest in these two sectors in building the human, his rehabilitation and health, believing that the Saudi citizen is the most important capital of this country.

HE pointed out that the royal orders included all sectors of the society of military, civilians, retirees and students, but paid particular attention to the heroes of the armed forces stationed on our southern border, who give their lives to the homeland and citizens.

Dr. Al Sultan explained that these decisions are aimed at the lower income groups and beneficiaries of social security and retirees. The impact of decisions is not limited to citizens, but extends to contribute to the prosperity of the country and the growth of economy, because pumping these funds in the economy will stimulate economic movement and promote purchasing power and help the private sector to build development projects and contributes to the achievement of the Kingdom vision 2030.

In conclusion, he pray to Allah Almighty to preserve the Custodian of the Two Holy Mosques King Salman bin Abdulaziz and His Royal Highness Prince Mohammed bin Salman bin Abdulaziz and to maintain our country's security and stability under the leadership of the Custodian of the Two Holy Mosques.