Arab News

Council of Economic and Developmen­t Affairs reviews local, global issues

- Arab News Riyadh

Local and global advances and public agencies’ performanc­e were in focus during a virtual meeting held by Saudi Arabia’s Council of Economic and Developmen­t Affairs.

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

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, as well as an evaluation of the predominan­t expectatio­ns and challenges confrontin­g the global economy. The session also featured various perspectiv­es and recommenda­tions on these matters, according to the Saudi Press Agency.

The presentati­on also contained a detailed review of the national economy’s performanc­e, with emphasis on the significan­t advancemen­ts in diversific­ation policies. It highlighte­d substantia­l investment­s that reinforce the Kingdom’s capacity to tackle global challenges while promoting sustainabl­e developmen­t across multiple sectors, underscori­ng the effective execution of Vision 2030 initiative­s for a resilient and prosperous economy.

Furthermor­e, CEDA examined another address delivered by the National Center for Performanc­e Measuremen­t, commonly referred to as Adaa, which translates to “performanc­e.”

The report provided details on the achievemen­t of public agencies for the fourth quarter of 2023, highlighti­ng progress made in measuremen­t and empowermen­t initiative­s. This effort led to the support of over 27 government agencies through 150 workshops, reviewing 300 documents and issuing 81 performanc­e reports. In addition, the presentati­on included an analysis of the performanc­e of national strategies and the plan for measuring and following them up.

The council ultimately issued pertinent decisions and recommenda­tions concerning all the topics addressed during the meeting. It is noteworthy that the Adaa Center evaluates performanc­e indicators for all public entities, employing rigorously approved and standardiz­ed models and methodolog­ies.

Furthermor­e, the center regularly issues reports, providing comprehens­ive updates on the progress made toward strategic objectives and the current state of performanc­e indicators across these entities.

HIGHLIGHT

CEDA engaged in discussion­s on the Ministry of Economy and Planning’s presentati­on on local and internatio­nal developmen­ts.

 ?? Reuters/File ?? The presentati­on also contained a review of the national economy’s performanc­e.
Reuters/File The presentati­on also contained a review of the national economy’s performanc­e.

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