Saudi Economic and Development Affairs Council Discusses Local and Global Economic Indicators

The Economic and Development Affairs Council has held a virtual meeting to discuss a number of reports and issues on its agenda.

It discussed the Ministry of Economy and Planning’s presentation of the local and global economic developments, including a detailed analysis of the most recent economic indicators, and an assessment of the most significant expectations and challenges facing the global economy, in addition to views and recommendations.

The presentation also contained a detailed outline of the national economy’s performance, with emphasis on the positive advancements in economic diversification policies and the mega investments that enable the Kingdom’s economy to address worldwide challenges and maintain sustainable development in all sectors, a proof that the Kingdom Vision 2030 programs and objectives are being successfully implemented, and fostering a thriving economy.

The council reviewed a presentation by the National Centre for Performance Measurement (ADAA) regarding the public agencies’ performance for the fourth quarter of 2023 on achieving their objectives and indicators. The presentation provided a comprehensive overview of the performance of public agencies and the progress carried out in the fields of measurement and empowerment, which resulted in the support of more than 27 government agencies through 150 workshops, reviewing 300 documents and issuing 81 performance reports. The presentation included an analysis of the performance of national strategies and the plan for measuring and following them up, in addition to future aspirations regarding measuring the performance of government agencies.

The council also issued the relevant decisions and recommendations regarding all the above issues.