Money and business

The Council of Economic and Development Affairs discusses the most important developments via video conference


The Council of Economic and Development Affairs held a meeting via video conference, and at the beginning of The meeting, the Council discussed the monthly report submitted by the Ministry of Economy and Planning, which included developments in the global economy and its growth prospects in light of the current events in the region and their repercussions on the major and emerging global economies in a number of fields, the consequences of geopolitical events and tensions on the Gulf economy and supply chains, and the potential impacts on the national economy in all economic and financial paths, pointing to the exceptional strength that the Kingdom’s economy has shown, in light of its strong economic and financial policies, and its strong structure. Solid logistical infrastructure.

Follow-up on the results of the annual report

The Council followed up on the results of the annual report submitted by the Strategic Management of the Council of Economic Affairs and Development regarding (Vision of the Kingdom of Saudi Arabia 2030), which contained an evaluation of the performance of all programs to achieve the vision, national strategies, their most prominent achievements, and the efforts made to increase their readiness until the end of the fourth quarter of 2025 AD, indicating the remarkable progress at the level of the three axes of the vision: (a vibrant society, a prosperous economy, and an ambitious nation).
The annual report indicated what the second phase of (the Kingdom’s Vision 2030) witnessed in Qualitative developments that reflect the flexibility of the vision and its ability to adapt to changes, in a way that is consistent with the third phase of the vision, maximizes the impact of what was achieved in the previous two phases, and accelerates the pace of implementation by focusing on priorities and achieving the goals of the vision through national programs and strategies.

Discussing the offers of various parties

The Council reviewed the presentation submitted by the National Center for Measuring the Performance of Public Agencies. "performance" Regarding the annual performance report of public agencies for the year 2025 AD, and the work that has been done in the areas of supporting and enabling those agencies to achieve their goals, and what the results showed of the continued positive performance of government agencies in achieving the goals; Which reflects Performance stability and implementation efficiency. The report reviewed the center’s work in activating the measurement of national strategies and reviewing strategic documents to ensure that indicators and initiatives cover all strategic objectives, and the results of the cycle of evaluating performance management practices for public agencies aimed at supporting agencies in improving their practice in the field of performance management.

The presentation presented by the National Center for Privatization, which touched on the most prominent results of the second half of 2025 AD for the privatization system, the performance of supervisory committees during the specified period, and the most important qualitative projects, The presentation showed remarkable progress in overall performance and the number of privatization projects during the specified period.

The Council discussed the presentation submitted by the Royal Commission for the City of Mecca and the Holy Sites, regarding the results of the study of the Works and Projects Follow-up Committee in the central area of the Grand Mosque, regarding benefiting from modern technologies to monitor and treat waste sites, and the mechanisms used to facilitate the arrival of vehicles and goods to the central area, and raising the level of safety procedures and intensifying monitoring in the implemented expansion projects in a way that ensures the safety of visitors to the House of God. Haram, in addition to what was included in the authority’s work plan for the next three years in this regard related to a number of systems in health, safety, security and the environment.

Governance and compliance measurement departments

The meeting touched on the report of the National Framework Committee for organizing the governance, risk, compliance and internal audit departments, regarding the path of the experimental application of the (updated) national framework for organizing the governance, risk, compliance and internal audit departments on a number of government agencies, and the proposals for applying the framework in the future to all government agencies, and the mechanism for measuring compliance.
It was considered. The Council was briefed on a number of procedural transactions, including the draft National Intellectual Property Policy. It was also informed of the results of the semi-annual report of the Ministerial Committee for the Social Support and Subsidies System, the progress reports of the Committee for Improving the Balance of Payments and Economic Diversification, the monthly report prepared by the Steering Committee regarding what has been implemented of the executive plan to host the headquarters of international organizations, the quarterly report on the results of the work of the Permanent Price Control Committee, and summaries of the two monthly reports of the consumer price index and wholesale prices, and the basic reports on which it was built. Summaries.
The Council took the necessary decisions and recommendations regarding these issues.

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