Council of Economic and Development Affairs Discusses Draft of State Budget for Fiscal Year 2020

  • 2/10/2023
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Riyadh, Nov. 19, 2019, SPA -- The Council of Economic and Development Affairs held a meeting at Al-Yamamah Palace here today. During the meeting, the council discussed a number of economic and developmental issues, including a presentation provided by the Ministry of Finance with regard to a draft of the State Budget 2020. The presentation highlighted the most important milestones of the schedule for preparing the budget 2020 and the final draft of the budget, including estimated figures of revenues, expenditures, deficits, government reserves and the level of public debt in addition to financial indexes and economic growth projections. The council was also briefed on a presentation provided by the National Center for Performance Measurement "Adaa" which included a report of outcomes of assessing performance of the public bodies during 3rd quarter in 2019. The presentation included an analysis of the performance indicators' data of the public bodies and programs in order to achieve the vision as well as the status of the initiatives of the Kingdom Vision 2030. The report highlighted an analysis of the results of measuring satisfaction of beneficiaries of government services based on the measurement tools adopted by the center. The council made appropriate recommendations towards these issues. --SPA 18:41 LOCAL TIME 15:41 GMT 0020 www.spa.gov.sa/w1213262

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