Financial Communication, Knowledge Center Hold Virtual Meeting, on Development

The Financial Communication and Knowledge Center (Mutamam), in cooperation with the Ministry of Economy and Planning, held a virtual meeting entitled: “Development funds and their contribution to the development of the Kingdom’s economy”, during which it shed light on the strategy and roles of development funds, and the role of development financing institutions, in supporting government policies, and its objectives.

In addition to the financial sustainability of the funds and their alignment with the objectives of the Kingdom’s Vision 2030.

The gathering, which comes as part of a series of virtual meetings presented by (Mutamam) to enrich knowledge, in the financial and economic fields.

Eng. Al-Sheikh explained that the budget for the Year 2022 defined the roles of major players, including the Public Investment Fund and the National Development Fund, as the main enablers in supporting the private sector, by providing necessary funding for their institutions and companies, through effective contribution of programs and projects, they undertake.