4
magazine
ALRAQABA
SAB News
His
Highness the Emir Sheikh Sabah Al-Ah-
mad Al-Jabber Al-Sabah welcomed at Seif
Palace on Monday October 22
nd
2018, SAB
acting president Adel Al-Sarawi. Al-Sarawi
submitted SAB’s report on the results of the
reviews and examinations conducted on the
State’s closing accounts and execution of
budgets for the fiscal year 2017/2018. With
accordance to the article no. 22 of SAB es-
tablishment law number 30 of the year 1964,
three parts of the report were delivered. The
examination and review results on the ex-
ecution of budgets in ministries and govern-
ment bodies, budget and closing accounts
of subsidiary entities, and budget and clos-
ing accounts of independent entities. A re-
port on the main financial indicators, control
phenomena, and developments of the for-
mer fiscal year was also submitted.
Al-Sarawi then presented copies of the re-
ports to HH the Crown Prince Sheikh Nawaf
Al-Ahmad Al-Jaber Al-Mubarak Al-Sabah,
and HH the Prime Minister Sheikh Jabber
Al-Mubarak Al-Hamad Al-Sabah as well to
the Speaker of the National Assembly Mar-
zoug Al-Ghanem
■
His Highness the Emir Receives SAB’s Reports
