Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi - 86.5% of education budget spent on paying salaries  Join our daily free Newsletter

MENAFN - Arab News - 15/01/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) Saudi Arabia will spend 86.5 percent or SR104 billion of its SR121.3 billion general education budget on the salaries of teachers and education officials, said Mohammed Al-Shathry, deputy education minister



He said the ministry would spend SR17 billion or 13.5 percent of its budget on administrative, cleaning and maintenance project



"We have allocated SR4 billion for new projects including 275 school buildings and the renovation of 1,500 old buildings," he sai





The government unveiled the 2014 fiscal budget last month projecting revenue at SR855 billion and an equal amount on spendin



It allocated SR210 billion for general education, higher education and trainin



Of this amount, higher education will get SR80 billion or 40 percen





Al-Shathry said SR75 million has been set aside for administrative buildings, SR100 million to build multipurpose halls, SR100 million for logistics and expanding warehouses, SR45 million for merging schools, and SR60 million for furnishing schools and administrative building





"The budget has made allocations for 6,000 new jobs including 4,000 educational and 1,000 other job



Changes will be made to 2,710 educational jobs and 4,213 administrative jobs," he said. A total of SR400 million has been allocated for student transport contract





The ministry would also continue with the King Abdullah project for the development of school curricula, training of teachers, improvement of the educational environment, and non-class activitie



The ministry has worked out a strategy to boost partnerships with the private sector in general education and the establishment of a holding company, fully owned by the government, to develop buildings, school transport, and educational services, he sai



He said the ministry received 3,720 completed projects over the last four years benefiting over 1.5 million students, or 33 percent of the total number of students. The ministry reduced its rented buildings to 20 percent compared to 41 percent five years ago, he said

He said schools would get upgraded IT facilities, including a system to network schools and educational facilities, and computer labs across the country

The ministry is also expanding kindergartens in partnership with the private sector by providing soft loans to potential investors, he said

 


Arab News




  MENA News Headlines
 Feb 1 2015 - Palestinians say West Banker killed by Israeli soldiersThe Peninsula
(MENAFN - The Peninsula) Israeli soldiers shot dead a Palestinian late on Saturday near Nablus in the north of the occupied West Bank, Palestinian security officials said.They said Ahmad al-Najjar ...

 Feb 1 2015 - Kurds recapture oil facility in IraqThe Peninsula
(MENAFN - The Peninsula) Kurdish peshmerga forces retook a small crude oil station near the northern Iraqi city of Kirkuk which Islamic State insurgents seized earlier yesterday, but the fate of 15 ...

 Feb 1 2015 - Qatar- Rumailah Hospital marks Gulf Child DayThe Peninsula
(MENAFN - The Peninsula) The Special Education Department at Rumailah Hospital celebrated Gulf Child Day with an event organised by Qatari Scouts and Girl Guide Federation at Cambridge International ...

 Feb 1 2015 - Qatar- RasGas, KOGAS open toy library for children in South KoreaThe Peninsula
(MENAFN - The Peninsula) RasGas Company Limited (RasGas) and Korea Gas Corporation (KOGAS) inaugurated a Children's Toy Library in Anshim Social Welfare Community Centre in Daegu Metropolitan City, ...

 Feb 1 2015 - Over 300 dugongs seen off QatarThe Peninsula
(MENAFN - The Peninsula) Around 300 to 500 dugongs were sighted off the west coast of Qatar during a field mission by ExxonMobil Research Qatar (EMRQ) and the General Directorate of Natural ...

 Feb 1 2015 - Qatar- Panels set up to study key GCC issuesThe Peninsula
(MENAFN - The Peninsula) The first meeting of the 18th session of the GCC Consultative Authority at Doha Sheraton yesterday set up special committees to study key issues concerning the region, ...

 Jan 31 2015 - Bahrain's Investcorp to buy Spanish ceramics firmMENAFN
(MENAFN) Bahrain-based Investcorp said that it will be acquiring Fritta, a Spanish company that makes products for the ceramics industry, Arabian Business reported.Fritta produces important items in ...

 Jan 31 2015 - Total wins 10 percent stake in Abu Dhabi oil concessionsMENAFN
(MENAFN) French company Total said that it has signed a deal with the Abu Dhabi National Oil Company (Adnoc) for a 10 cent stake in developing oilfields in Abu Dhabi as part of oil concessions for a ...

 Jan 31 2015 - Iraqi oil exports decline in JanuaryMENAFN
(MENAFN) Iraq, OPEC's second-largest producer, registered a decline in its oil exports from its southern region in January from a record high recorded in the previous month due to shipping delays, ...

 Jan 31 2015 - Vodafone Qatar revenue up 21 percent in 9MMENAFN
(MENAFN) Vodafone Qatar's said its total revenue grew by 21 percent to USD474.59 billion for the nine months ended December 31, 2014, The Peninsula Qatar reported.The company's mobile customer base ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help