Sunday, 13 April 2008

King Abdullah of Saudi Arabia Stresses Need to Keep Oil for Future Generations

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Photo of King Abdullah of Saudi Arabia courtesy of Arab News

ARAB NEWS: RIYADH, 13 April 2008 — Custodian of the Two Holy Mosques King Abdullah yesterday emphasized the importance of keeping part of the Kingdom’s natural resources for the welfare of future generations.

“When new discoveries (of natural resources) were made, I told them... Leave them in the ground because our children and grandchildren will need them,” the Saudi Press Agency quoted the king as saying. King Abdullah made his remarks while receiving several members of the National Society for Retirees (NSR), including its Chairman Dr. Abdul Rahman Al-Ansari, at his palace in Riyadh.

During the meeting, King Abdullah highlighted the significance of oil revenue and said that as long as there is oil the Kingdom would not experience economic problems. “I told them once: May God give it long life... they asked me what is that... I told them petrol. As long as petrol is there, we will remain well... Our country will not have any problems,” he said.

King Abdullah urged government officials to be sincere, truthful and frank in their dealings. “You should inform the authorities about what is happening in the country... Tell us what is in your mind,” he said.

Earlier, Interior Minister Prince Naif, honorary chairman of the NSR, gave a brief introduction about the organization.

Al-Ansari, whose organization represents more than 600,000 retirees, spoke about the difficulties of many retirees, who only receive a SR1,725 monthly pension. [Source: King Stresses Need to Keep Oil for Future Generations] | April 13, 2008

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