The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud chaired the Cabinet's session held at Al-Yamamah Palace here today. At the outset of the session, the Custodian of the Two Holy Mosques thanked Allah Almighty for the blessings bestowed upon this country, as the state budget for the fiscal year 1441/1442 AH - 2020 showed signs of growth and prosperity, enhancement of the development process in the Kingdom and support for economic and financial growth and stability. The King stressed the determination to continue economic reforms and ensur achieving the goals of the Kingdom's Vision 2030, directing all ministers and officials to commit to implementing development and social programs and projects included in the budget. The Cabinet commended what was confirmed by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister and Minister of Defense, after the announcement of the general budget, of the Kingdom's continuation and progress in implementing economic reforms, advancement in diversifying the productive base of the economy while maintaining financial sustainability and creating an environment that attracts investments, which provides wider opportunities for a better future for present and future generations, in addition to the progress achieved by the economic transformation according to the Kingdom's Vision, and that the budget came to reinforce the commitment to implementing reforms and plans aimed at achieving the strategy while maintaining financial and economic stability. The Cabinet reviewed what the Supreme Council of the Gulf Cooperation Council (GCC) for Arab States stressed in its fortieth session held in Diriyah Palace regarding the importance of the GCC states' roles in enhancing the stability and ensuring the security of the region to face current challenges in the region. The Cabinet welcomed what was stated in the final communique of the GCC summit (Riyadh Declaration), citing the GCC leaders' keenness on cohesion, interdependence and unity, preserving gains and achievements, enhancing strategic partnerships, achieving economic unity, and emphasizing the implementation of all Supreme Council decisions and agreements that have been concluded within the Council and the commitment to these decisions and agreements to increase the GCC states' strength and achieve security, stability, growth and prosperity and their citizens. The Custodian of the Two Holy Mosques briefed the Cabinet on the contents of telephones calls with President Donald Trump of the United States of America; King Hamad bin Isa Al Khalifa of the Kingdom of Bahrain; Prime Minister of Malaysia Mahathir Mohamad; and President of the European Commission Ursula von der Leyen. The King also briefed the Cabinet on the results of his talks with President Sooronbay Jeenbekov of the Kyrgyz Republic, and the content of the message sent to President Abdel Fattah Al-Sisi of the Arab Republic of Egypt, citing reviewing bilateral relations between the Kingdom and these sisterly and friendly countries in a way that serves common interests and enhances prospects of cooperation. --More 16:05 LOCAL TIME 13:05 GMT 0012 www.spa.gov.sa/2014731
