‎Saudi Arabia’s robust economic growth reflects strength of financial policies, says Al-Jadaan

saudi,arabia,economic,growth,financial
Saudi Arabia

‎Saudi Arabia’s robust economic growth reflects strength of financial policies, says Al-Jadaan

Industry news, Real Estate, Financial Markets, Banking, Startups, Stock Exchange, Oil & gas, Technology, Professionals, Business news, Research

The 92nd National Day anniversary coincides with the Kingdom’s increasing economic growth, which reflects the strength of its financial policies and ability to overcome challenges, such as COVID-19 and geopolitical crises, said Minister of Finance Mohammed Al-Jadaan.

On the occasion of celebrating the 92nd National Day, the minister stressed the importance of these policies to enhance growth and economic stability, as well as achieve public financial sustainability for the Kingdom.

He added that the country managed to enhance its position regionally and globally, thanks to the continuous reforms and development in various fields, to achieve the goals of Vision 2030.

Al-Jadaan touched on the financial and economic achievements in 2022, confirming that Vision 2030 programs had a prominent role in such breakthroughs. He also pointed to the positive results achieved by the Financial Sector Development, Financial Sustainability and Privatization programs.

The initiatives launched under the Financial Sustainability Program contributed to the implementation of several structural reforms during the transformation phase that aims to continue financing development in various fields, boosting growth and employment rates, as well as diversifying the economic base. This phase also aims to develop public services and infrastructure, while maintaining financial sustainability to achieve financial and economic stability in the medium

Follow the conversation
Industry news, Real Estate, Financial Markets, Banking, Startups, Stock Exchange, Oil & gas, Technology, Professionals, Business news, Research