Islamabad: A virtual meeting of Saudi Arabia’s Council of Economic and Development Affairs (CEDA) discussed the third-quarter 2024 report on the programmes advancing the kingdom’s Vision 2030.
According to the Saudi Gazette, the report highlighted key programme achievements, outlined strategic objectives, and offered a comprehensive overview of current performance, ongoing efforts, and future aspirations.
Presented by the Strategic Management Office at the Council of Economic and Development Affairs, the report highlighted progress across the three main Vision 2030 pillars including, “a Vibrant Society, a Thriving Economy, and an Ambitious Nation”.
Decisions and recommendations
The CEDA meeting reviewed a series of reports and topics on its agenda.
The Saudi press publication further reported that after discussions, the council issued decisions and recommendations on all agenda items.
At the outset of the meeting, the council reviewed the economic report for December, presented by the kingdom’s Ministry of Economy and Planning. This report provided an analysis of significant developments in the global economy, challenges facing emerging markets, and their implications for the Saudi economy.
It underscored the Arab nation’s ability to navigate these challenges, particularly through the notable progress in the non-oil sectors and industrial activities, which align with ongoing efforts to achieve the kingdom’s Vision 2030 objectives.
In-depth analysis
During the meeting, the National Centre for Performance Measurement (ADAA) presented an in-depth analysis of government agencies’ performance during the third quarter of 2024.
The presentation detailed ADAA’s initiatives to support and empower government entities to achieve Vision 2030 objectives, assess performance outcomes of national strategies, and address future aspirations.
ADAA reiterated its commitment to enhancing ministries and government performance through regular performance reviews and the implementation of corrective action plans.
The council reviewed key economic indicators, including the Consumer Price Index report for October 2024, the Wholesale Sales Report for the same period, and the foreign trade summary for September 2024, as well as supporting foundational reports.
