Money and business

Achieving vision programs … the growth of non -oil activities is 4.9% on an annual basis

The Council of Economic Affairs and Development held today, Tuesday, a meeting through visual communication, and discussed the economic achievements achieved in implementation of the vision programs.
The real witnessed a positive growth for the fourth quarter in a row, recording an increase of 3.4% during the first quarter of 2025 AD, with the support of non -oil activities that grew 4.9% on an annual basis.

The Procurement Manager Index rose to 57.2 points in June, reaching its highest level in 3 months, reflecting the upward momentum of the activities of the private sector in the Kingdom.

Non -oil activities

It is expected that growth between 4.3% to 4.4% will continue, driven by domestic demand and financial head spending on projects.

The Kingdom’s 2030 vision achieves clear progress towards its goals and exceeds its targets, and raises the ceiling of its ambition for greater achievements. Thanks to the efforts of its first and second stages, it witnessed a clear growth and greater opportunities in various sectors.

The Kingdom’s vision

The Kingdom’s ambitious vision is approaching 2030 to the third and final stage, and it is working to enhance the achievements achieved, intensify efforts to complete and accelerate the pace of implementation, and achieve the targets.

The Economic Affairs and Development Council holds a meeting to discuss reports and issue recommendations (today)

The vision seizes in its third phase of the creation of growth, as the programs of achieving the vision and national strategies work with more complementarity in a manner that ensures the sustainability of the impact.
Efforts continue to raise the readiness of national strategies to ensure the sustainability of the impact, to advance the wheel of completion, and to ensure the completion of the implementation march for the programs to achieve national vision and strategies according to what is planned.

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