1 Day
Source:
الاقتصادية
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Ministry of Establishments Starts Self-Regulation
The General Authority of Classifications (Mašāʼāt) in Saudi Arabia has begun implementing a self-regulation system, becoming the first government entity to adopt this approach in the financial control system. This shift reflects the Authority's confidence in its internal capabilities and its ability to manage its financial operations efficiently. The initiative aims to strengthen governance and transparency while contributing to improved government spending performance and supporting Saudi Arabia's Vision 2030 to enhance resource efficiency and achieve financial sustainability.
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