Council reviews economic and budget progress
The Council of Economic and Development Affairs reviewed the performance of the national economy and the general budget during the second quarter of 2026. It affirmed the strength of the kingdom’s financial position and the efficiency of public financial management. The council also followed up on the implementation of national programs related to capacity building and digital content, such as the "SaudiPedia" encyclopedia. Additionally, the council discussed developments in the cyberspace sector, noting that Saudi Arabia has maintained its first-place ranking globally in the Cybersecurity Index for the third consecutive year. It reviewed key economic indicators, including inflation, gross domestic product (GDP), and foreign trade. The report confirmed that current economic policies support fiscal sustainability and help achieve the goals of Saudi Vision 2030. It also outlined strategies to address challenges related to geopolitical changes and regional tensions, particularly in the Strait of Hormuz.
Notice: This Is an AI-Generated Summary
Comments (0)