He also promised continuity and development despite low oil prices, but called on Saudi citizens, businessmen and officials to do their part to improve the country.
He also spoke about the need to fight corruption, urged businessmen to help in job creation and said security is a key pillar of his administrative priorities.
Salman delivered the 10-minute speech from the capital Riyadh late Tuesday. He was seated during the speech, reading from a paper. Next to him were his crown prince and deputy crown prince.