Finance Ministry Funds 17 Projects Amounting to SR 755 Millions

Riyadh, The Ministry of Finance signed here today 17 agreements to fund health, education, and hotel projects with total loans amounting to SR 755,810,000.

The total number of investments in these projects amounted to SR 1,547 billion, as part of the local loaning program provided by the Government to strengthen the basic services provided for Saudi citizens through encouraging the private sector to invest in service projects.

The agreements were signed by the Undersecretary of the Ministry of Finance for Revenues Affairs and Supervisor of the Local Loaning Program Tariq bin Abdullah Al-Shohaib, in presence of a number of government officials.

Source: Saudi Press Agency