Report highlights marvelous achievements under Saudi Vision 2030
The Saudi Council of Economic and
Development Affairs (CEDA) announced significant progress across all three
pillars of Vision 2030— a vibrant society, a thriving economy, and an ambitious
nation— as the year 2024 commenced.
In a video conference held on
Wednesday, CEDA reviewed a report on the Kingdom's Vision Realization Programs
for the first quarter of 2024, presented by the Strategic Management Office.
The report highlighted key achievements, strategic objectives, and performance
assessments, alongside ongoing efforts and future aspirations for the year.
CEDA also examined other crucial
reports, including a quarterly update from the Ministry of Economy and Planning
for Q2 2024. The economic report provided an analysis of global economic
conditions, financial markets, and key national indicators, such as a 4.9%
annual growth in the non-oil economy and stable inflation rates of 1.5% as of
July 2024.
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The report underscored the
resilience of Saudi Arabia's economy and the effectiveness of measures taken to
address global economic challenges. The Council also discussed future economic
expectations and assessments from international and local organizations.
Additionally, CEDA reviewed the
Public Investment Fund’s 2023 annual report, traffic safety data for 2023, the
7th semi-annual report of the Ministerial Committee for the Social Support and
Assistance System, and the Q2 2024 results from the Permanent Committee for
Price Control. The Council made decisions and recommendations based on these
reports.
Source: Saudi Gazette
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