Financial sector development boosted global confidence in Kingdom: Al-Jadaan

01/12/2019 Argaam

 

Saudi Arabia’s Financial Sector Development Program boosted global confidence in the Kingdom’s economy, said Minister of Finance Mohammed Al-Jadaan in a statement on 5th Anniversary of Accession to Power.

 

The financial sector development program comes in line with Saudi Vision 2030, as the program seeks to boost the non-oil gross domestic product (GDP) and achieve a material progress in terms of economic transformation.

 

The plan also helped upgrading the state budget preparation process and Etimad financial portal, implementing cost-efficiency strategies and increasing the contribution of the private sector firms.

 

“The era of King Salman witnessed unprecedented economic reforms in line with the Saudi Vision 2030 development plan, aimed at achieving economic diversification and sustainable growth,” Al-Jadaan said.

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