King Salman bin Abdulaziz of Saudi Arabia commended Tuesday the financial status of the kingdom which is attributed to its prevailed security and stability, the Saudi Press Agency reported.

The monarch's remarks came amid his meeting with Minister of Finance Ibrahim bin Abdulaziz Al-Assaf, governor of Saudi Arabian Monetary Agency (SAMA) Fahd bin Abdullah Al-Mubarak, SAMA deputy governor Abdulaziz bin Saleh Al-Furaih, where he was handed over the 50th and 51st SAMA annual reports.

The reports reviewed the most prominent domestic and global economic developments during the fiscal years of 2013 and 2014, the monetary and banking developments as well as the latest developments in oil and non-oil sectors.