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Shura Council reviews housing plan and tourism goals
The Shura Council session focused on outlining a new roadmap to support housing and developmental financing in the Kingdom. The decisions included directing the Real Estate Development Fund to develop innovative financing solutions that align with changing housing demands, along with establishing guidelines to ensure effective benefit for citizens. The Council also called on the Tourism Development Fund to disclose its target "financial break-even point" set for 2031, and to establish interim indicators to achieve this goal. Additionally, the decisions emphasized facilitating financing for families and entrepreneurs through flexible models based on cash flows, to promote national economic sustainability.
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