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    Home » Saudi Economic and Development Affairs Council reviews Vision 2030 progress, economic outlook
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    Saudi Economic and Development Affairs Council reviews Vision 2030 progress, economic outlook

    Kuwaiti TribuneBy Kuwaiti TribuneJuly 29, 2025No Comments2 Mins Read
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    Saudi Gazette report

    RIYADH — The Council of Financial and Improvement Affairs held a digital assembly to evaluate the Kingdom’s financial efficiency and monitor progress on key applications supporting Saudi Imaginative and prescient 2030.

    The session started with a evaluation of the July 2025 Financial Report offered by the Ministry of Economic system and Planning, providing an in-depth evaluation of world financial traits, related dangers, and the efficiency of the Saudi financial system.

    The report included forecasts for the second half of 2025 and the approaching 12 months.

    The Council famous a continued constructive trajectory for the Kingdom’s financial system, marking 4 consecutive quarters of progress, pushed by the resilience of non-oil sectors.

    A key spotlight was the Buying Managers’ Index (PMI) reaching its highest degree in three months.

    The Council additionally mentioned the Q1 efficiency report on Imaginative and prescient 2030 implementation, submitted by the Strategic Administration Workplace, which evaluated progress on govt applications, strategic targets, and the execution standing of nationwide and sector-specific methods.

    The report reaffirmed ongoing momentum throughout Imaginative and prescient 2030’s three predominant pillars: a vibrant society, a thriving financial system, and an bold nation.

    The assembly reviewed the Q1 public sector efficiency report offered by the Nationwide Middle for Efficiency Measurement (Adaa).

    The report highlighted enhancements in authorities entity efficiency, pushed by focused assist to ministries and public companies in reaching their strategic goals.

    It additionally included an analysis of nationwide methods and a forward-looking evaluation of institutional improvement efforts.

    As well as, the Undertaking Administration Workplace briefed the Council on the progress of assigned duties and selections from Q2.

    The report coated execution outcomes, company compliance, and offered statistics on achievement ranges throughout collaborating authorities entities.

    The Council’s agenda included a sequence of organizational and strategic issues, notably the regulatory preparations for the Occasions Committee, updates to the organizational construction of the Ministry of Economic system and Planning, and the Asir Area Improvement Technique.

    It additionally reviewed stories on accelerating capital venture procedures, the quarterly govt abstract of GDP and nationwide accounts information, and month-to-month indices for shopper and wholesale costs.

    The session concluded with the Council issuing the required resolutions and proposals to assist continued nationwide progress and institutional efficiency.



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