MIDDLE EAST

It’s the turn of the private sector in Saudi Arabia

Commenting on Saudi King Salman’s royal orders on Friday, royal court adviser Saud Al Qahtani said on Twitter: “Upon today’s orders, the state pumped SAR 50 billion. Add to that the funds in the Citizens Account which are 30 billion. This is a total of SAR 80 billion which means that the purchasing power has greatly increased. This will increase the private sector’s profit. We await your initiative as always. You know your national duty more than anyone else. Not to mention that pleasing your employees will improve your success and increase your profit.”

I have no doubt that patriotic merchants will contribute to this royal initiative, each according to his effort and generosity. I also have no doubt that the SAR 80 billion pumped by the state and the private sector’s contribution to confront high prices will positively affect the market’s activity and the increased demand on products and services and revive the economy.

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Merchants who do not contribute to this initiative and do not make efforts to keep up with it must not allege they’re patriots especially that they are this negative and disappointing. Patriotism is about giving and sacrificing money and soul. Saudi citizens have proven their love to their country at several occasions.

This social solidarity develops the state and contributes to its security and stability. The kingdom during King Salman’s era is full of activity, vitality and decisiveness which curbed plenty of enemies. The kingdom’s rivals increased as a result of directly confronting threats and naming its enemies.

The Saudi state, which is about 300 years old, would not have survived and become deep-rooted if it had not been for harmony between its leaders and citizens

Mohammed Al Shaikh

Kingdom’s welfare

Merchants’ and businessmen’s contribution to this national initiative will reflect on the kingdom’s welfare, strength, unity, security and stability.

King Salman’s initiative is clear proof that the state’s command and leadership ever since the days of King Abdulaziz until King Salman’s understand citizens and their problems and livelihood challenges and seek to resolve them no matter how much funds are needed.

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As long as the state spends on citizens, the money will stay within the country and be part of the operating capital thus increasing the cash flow in the market.

The Saudi state, which is about 300 years old, would not have survived and become deep-rooted if it had not been for harmony between its leaders and citizens. The state has strongly stood in the face of changes, challenges and enemies. Many have tried to destabilize it and weaken it for three centuries but it was all in vain.

Thank you our leader and thank you to your faithful crown prince as ever since we’ve known you, you have been rulers who never disappointed your citizens.

The article is also available in Arabic.
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Mohammed Al Shaikh is a Saudi writer with al-Jazirah newspaper. He tweets @alshaikhmhmd.

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Last Update: Wednesday, 10 January 2018 KSA 12:14 - GMT 09:14
Disclaimer: Views expressed by writers in this section are their own and do not reflect Al Arabiya English's point-of-view.
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