The Council of Economic and Development Affairs of Saudi Arabia has reviewed comprehensive reports on the national economy, Saudi Vision 2030 implementation progress, and the performance of public entities, reaffirming the resilience of the Saudi economy and continued advancement across strategic transformation programs.

The meeting, held via video conference, examined key updates on economic conditions, governance frameworks, privatization initiatives, infrastructure development, and national performance measurement systems, alongside social and economic indicators and price stability reports. The Council also adopted several decisions and recommendations following its discussions.

Global economy and national resilience

The Council reviewed the monthly report from the Ministry of Economy and Planning, which provided updates on the global economy and growth prospects amid ongoing regional geopolitical tensions.

The report assessed the impact of these developments on major and emerging economies, the Gulf economy, and global supply chains. It also underscored the strong resilience of the Saudi economy, attributing it to robust economic policies and a well-developed logistical infrastructure.

Vision 2030 progress and strategic development

In its review of long-term national planning, the Council discussed the annual report from the Strategic Management Office on Vision 2030 realization programs. The report highlighted significant progress across the three pillars of Saudi Vision 2030:

A vibrant society
A thriving economy
An ambitious nation

It also outlined qualitative developments achieved during the second phase of Vision 2030, emphasizing the Kingdom’s adaptability and readiness to accelerate implementation in the third phase.

Performance measurement and government efficiency

The Council further reviewed the 2025 annual performance report from the National Center for Performance Measurement (Adaa), which detailed ongoing support for public agencies in achieving their objectives. The report noted sustained positive performance trends, reflecting operational stability and implementation efficiency.

It also highlighted progress in activating national strategy measurement systems and reviewing strategic documents to ensure coverage by clear indicators, in addition to presenting outcomes from the latest performance management evaluation cycle aimed at improving internal governance across entities.

Privatization and infrastructure development

On infrastructure and privatization, the Council reviewed a presentation from the National Center for Privatization & PPP outlining progress achieved in the second half of 2025. The report highlighted the successful completion of several projects, reflecting continued advancement in public-private partnership initiatives and infrastructure development.

Makkah central area development, regulatory reforms

The Council also discussed a study presented by the Royal Commission for Makkah City and Holy Sites on the Central Area of the Grand Mosque. The study focused on the use of modern technologies for waste management, improving access, and enhancing safety monitoring for ongoing expansion projects. It also included a comprehensive three-year action plan covering health, safety, and environmental systems.

Governance and regulatory reforms

In the area of governance and regulatory reform, the Council addressed the national framework committee’s report on the pilot application of the updated national framework for governance, risk, compliance, and internal audit departments. The discussion covered results from initial implementation under Saudi Vision 2030, across selected government entities, proposed plans for phased nationwide expansion, and mechanisms for measuring future compliance.

The Council also considered a range of procedural and policy matters, including the draft national intellectual property policy. It further reviewed social and economic indicators, such as the semi-annual social support report and ongoing efforts to improve the balance of payments.

In addition, the Council assessed progress on hosting international organizations and examined the quarterly report of the price monitoring committee, along with summaries of monthly reports on consumer price and wholesale price indices, and the underlying data supporting these assessments.

The meeting concluded with the Council adopting several decisions and recommendations related to the matters discussed, reinforcing continued efforts to advance economic resilience, institutional performance, and national development objectives under Saudi Vision 2030.

Most Read | Saudi Arabia, EU leaders discuss economic and security ties

GCC Business News

Message History

Delivery option(s)