The Governor of the General Authority for Small and Medium Enterprises (Monsha’at), Sami Al-Husseini, extended his congratulations to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and Prince Mohammed bin Salman bin Abdulaziz, Crown Prince and Prime Minister on the occasion of the announcement of the state’s general budget for the fiscal year (2025).
Monsha’at
The Governor of “Monsha’at” stated that the government of the Custodian of the Two Holy Mosques has placed special emphasis on supporting and empowering the small and medium enterprise (SME) sector and entrepreneurship. This is evident through a series of initiatives dedicated to entrepreneurs and SME owners, the most recent of which was the “Bibaan24” forum. Moreover, the forum concluded with agreements and launches exceeding 35.4 billion riyals. They are expected to positively impact the growth of the sector and its contribution to the gross domestic product (GDP) and the national economy.
Al-Husseini further noted that the budget figures reflect the strength and resilience of the Kingdom’s economy and herald more significant developmental achievements for the country under the wise leadership.
Finally, the Governor concluded his remarks with prayers to Allah to preserve the country and its leadership and to bless it with continued prosperity, security, and stability.
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