Saudi Aramco GI 20.151 HOME OWNERSHIP & COMMUNITY DEVELOPMENT PROGRAM & BUDGET

This document, Saudi Aramco General Instruction GI 20.151, details the procedures for the development, processing, approval, and distribution of the Home Ownership & Community Development (HO&CD) Program and Budget. It outlines the objectives of Saudi Aramco's HO&CD initiatives, including providing home loans and community development support to eligible Saudi employees, and covers the scope of associated costs such as site preparation, housing construction, utility infrastructure, and lot leases.

The manual defines the responsibilities and procedures for various departments involved in program preparation, including Human Resources, Community Services, and the Financial Accounting Department. It also details the processes for budget revisions, release of budgeted funds, and comprehensive accountability and Management Information System (MIS) reporting.

This guide is crucial for understanding the financial planning and operational framework of Saudi Aramco's employee housing and community development projects. Ideal for financial analysts, project managers, and accounting officers working within Saudi Aramco or similar large-scale industrial organizations.