State budget should stimulate economy, address challenges, says Fayez

shaheennews

Senate President Faisal Fayez met on Sunday with Prime Minister Omar Razaz ahead of the Government’s submission of the Draft General Budget Law for the Fiscal Year 2020 to the Parliament.

During the meeting, attended by members of the Senate’s permanent office, heads of its committees, and a number of ministers, Fayez stressed the importance that the government “should be working hard” to translate the Royal vision, which focuses on improving the economic situation, improving the citizens’ living standards, and reflecting on increasing economic growth, reducing poverty and unemployment, and creating permanent job opportunities for the country’s youth.

The meeting, Fayez noted, comes within the framework of consultation between the Senate and the Government on the preparation of the 2020 budget, emanating from the principle of partnership between the legislative and executive authorities and in accordance with the Constitution, and reflected on serving higher national interests.

Continuing:” The economic challenges facing the Kingdom require working in a team spirit and strengthen the principle of partnership, to enable the country face the economic challenges and find more diversified investment opportunities that employ the labor,” adding His Majesty King Abdullah II, in the Speech from the Throne, called for solutions that improve the citizens’ living standards, enable economic development and self-reliance.

//Petra//