Economy

Must-See: Council of Economic and Development Affairs Analyzes Hot Topics Worldwide

Riyadh’s Council of Economic and Development Affairs Holds Virtual Meeting on Local and Global Advances

In a virtual meeting held by Saudi Arabia’s Council of Economic and Development Affairs, the focus was on local and global advances and public agencies’ performance.

CEDA: Driving Saudi Vision 2030

Operating under the council of ministers, CEDA aims to establish the overall governance, mechanisms, and measures necessary to achieve Saudi Vision 2030. Addressing issues spanning all domestic matters, from health to labor to education and Islamic affairs.

Comprehensive Analysis and Recommendations

During the meeting, CEDA engaged in discussions on the Ministry of Economy and Planning’s presentation on local and international developments. The dialogue included a comprehensive analysis of recent economic indicators, evaluation of global economy challenges, and various perspectives and recommendations on these matters.

Advancements in Diversification Policies

The presentation highlighted significant advancements in diversification policies, emphasizing substantial investments that reinforce the Kingdom’s capacity to tackle global challenges. This promotes sustainable development across multiple sectors and underscores the effective execution of Vision 2030 initiatives for a resilient and prosperous economy.

Adaa Center Report and Public Agencies’ Performance

CEDA examined a report by the National Center for Performance Measurement, Adaa, on the achievement of public agencies. This included progress made in measurement and empowerment initiatives, support for over 27 government agencies through workshops, document reviews, and issuing performance reports.

Strategic Objectives and Performance Measurement

The presentation also included an analysis of national strategies’ performance and the plan for measuring and following them up. The council issued decisions and recommendations concerning all topics addressed during the meeting.

It’s worth noting that the Adaa Center evaluates performance indicators for all public entities using rigorously approved models and methodologies. They regularly issue detailed reports, providing updates on progress toward strategic objectives and performance indicators across these entities.