To a very large extent, Saudi Arabia's success in adjusting to reduced revenues is attributable to the Kingdom's national
planning process. The planning function which permeates all areas of
government activity ensures that the country enjoys the benefits of a long-term economic strategy. Just as the earlier
Development Plans ensured that the Kingdom's revenues were applied to the essential task of developing Saudi Arabia's infrastructure, its industry and
agriculture, so subsequent
Development Plans, taking into account the prevailing economic
climate, have focused resources more on consolidation.
