_1777294237270_124456903.png&w=64&q=75){kind=small}
Economic Council Affirms National Economy
The Council of Economic and Development Affairs held its meeting via videoconference to highlight the latest economic and developmental developments. The report confirmed that the national economy remains strong and resilient despite global and regional challenges. Private sector growth continues, as indicated by the Purchasing Managers' Index rising to 53.8 points in August 2026, and the Business Confidence Index reaching 56.7 points. The council also reviewed the progress of Saudi Vision 2030 programs, particularly in the vital society and thriving economy pillars. Additionally, initiatives under the Quality of Life Program exceeded the targeted contributions in local content and gross domestic product. Furthermore, the annual report of the Citizen's Account Program was presented, revealing support to beneficiaries totaling 262 billion riyals. The council discussed the performance of government agencies and initiatives aimed at improving resource management and service delivery.
Notice: This Is an AI-Generated Summary
Comments (0)