Arab News, Wed, Mar 27, 2024 | Ramadan 17, 1445
Council of Economic and Development Affairs reviews local, global issues
Saudi Arabia:
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
aims at establishing 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 detailed
reports, providing comprehensive updates on the progress made toward strategic
objectives and the current state of performance indicators across these
entities.