Money and business

Economic Affairs Council .. the Kingdom’s economy growth for the fourth quarter in a row

The Economic Affairs and Development Council held a meeting through visual communication.
At the beginning of the meeting, the periodic economic report for the month of July 2025 AD, submitted by the Ministry of Economy and Planning, which included a detailed analysis of the latest developments and expectations related to the global economy, and an evaluation of the most prominent challenges and risks facing it, reviewed performance, and expectations for the second half of this year, in addition to next year (2026 AD), highlighting the remarkable positive progress in the results of policies Economic diversification within the vision of Saudi Arabia (2030), which is reflected in the continued growth of the Kingdom’s economy for the fourth quarter in a row, with the support of the flexibility of non -oil activities, and the high purchasing directors index to its highest level in 3 months.

Saudi vision

The Council discussed the quadruple report to perform the Saudi Vision Vision (2030) and national strategies for the first quarter of this year, submitted by the Office of the Strategic Administration in the Council of Economic Affairs and Development, which reviewed the performance of executive programs to achieve the Saudi Vision (2030), the state of achievement in achieving strategic goals, and the levels of implementation during the specified period, as well as assessing national and sectoral strategies, the most prominent achievements, and a look at existing efforts And future aspirations, which guarantees the continuation of the implementation process and the continuation of progress in terms of the three axes of the vision: (a vital society, a prosperous economy, and an ambitious homeland).
The council also dealt with the performance of the performance of the general agencies for the first quarter of this year, submitted by the National Center to measure the performance of the general bodies “performance”, and the efforts made in the areas of support and empowerment of ministries and government agencies to achieve their targets, and the improved improved improved indicators in the public agencies in achieving their targets, and the report also included an analysis of the performance of national and sectoral strategies, aspirations and future steps.

Government agencies

In the context of following up the level of completion of government agencies for the tasks and assignments assigned to them, the Council continued the results of the project management office report at the Council of Economic Affairs and Development, regarding the follow -up of decisions and recommendations issued by the Council during the second quarter of this year, and the detail contained it for its outputs, the state of those outputs with the authorities represented in the council, and statistics for the levels of completion.
The Council looked at a number of issues and procedural presentations on its agenda, among them regarding the organizational arrangements of the Events Committee, the Temple and Organizational Directory of the Ministry of Economy and Planning, and the strategy of developing the Asir region.
The Council also reviewed the report of the Committee to Study and accelerate procedures for the presentation of capital projects for all parties, the quadruple executive summary of the GDP and national accounts, and two summaries of the monthly reports of the record for consumer prices and wholesale prices. The Council has taken on these issues the necessary decisions and recommendations.

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