The Economic Affairs Council discusses a number of reports and issues its recommendations
During the meeting, the Council of Economic Affairs and Development reviewed the periodic economic report for the month of January, submitted by the Ministry of Economy and Planning, which included an analysis of the developments of the global economy, the most prominent possible expectations for the growth of the global economy, the impact of political trends and global changes on emerging economic markets, and their reflection on the national economy, .
The meeting touched on the Saudi economic indicators that show stability in economic performance despite global fluctuations and risks in light of the challenges of international trade and geopolitical conditions, with the support of the growth of both consumer spending and the private sector, in line with the targets of the Kingdom’s 2030 vision.
High levels of completion
During its review, the Council agreed with a number of procedural transactions, to end the financial sustainability program, one of the first programs to achieve the Kingdom’s 2030 vision, after completing the implementation of its plan, which guarantees the continuity of progress and achievement, and contributed to setting the foundations of financial sustainability in various major sectors, where the council reviewed the performance The program and its achievements in achieving the positive transformation in public finances, through its application of many reforms and the creation of active entities; This contributed to diversifying sources of income, enhancing the efficiency of government spending, and raising the capabilities of financial planning.
Discussing the quality of life program
The meeting dealt with the updated executive plan for the quality of life program, which included a review of the program’s scope and aspirations, challenges and efforts, its pillars and strategic considerations, and the great development witnessed by the quality of life since the start of the Kingdom’s Vision 2030, through the concerted efforts of the various government agencies in order to achieve vision targets, and the aspirations of citizens And residents and visitors.
He discussed the offers related to policies, studies and strategies, among them regarding the governance of national strategies, the necessary potentials to activate the proposed plans to upgrade waste management in Riyadh, and the unified policy project to determine the need of medicines, devices and medical supplies in the health sector.
The Council also touched on the quadruple executive summary of GDP and national accounts for the year 2024 AD, two summaries of the monthly reports of the record for consumer prices and wholesale prices, their executive summary, the monthly executive summary of the 2024 AD, and the basic reports on which the summary was built.
The Council has taken on these issues the necessary decisions and recommendations.
- For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and Twitter
