King Chairs Meeting of Government Economic Team

03 March 2002

His Majesty King Abdullah on Sunday underlined the necessity to build on the positive economic indicators through speeding up measures to carry out major projects in vital sectors such as water and energy .

Speaking during a meeting of the ministerial economic team, he chaired Sunday, King Abdullah said private investment is the base for sustaining economic and social development.

During the meeting which was attended by Prime Minister and Royal Court Chief, King Abdullah listened to a briefing by Prime Minister Ali Abul Ragheb as well as to reports by members of the team on implementing the economic and social transformation program and the priorities that have been defined so that average people can feel improvements on the ground in basic services such as health and education .

The Prime Minister affirmed that the government was serious in pursuing economic reform plans and in removing deformities that could reflect adversely on economic performance .