Riyadh, March 19, 2023, SPA — The Ministry of Economy and Planning has signed a memorandum of understanding with the Government Expenditure and Projects Efficiency Authority (Expro), to align the efforts of developing and harmonizing the strategic direction of national development priorities and economic policies, and support the decision-making process through adopting and applying best practices and methodologies.
The memorandum was signed by Assistant Deputy Minister for Economic Policies and Programmes at the Ministry of Economy and Planning Dr. Anwar bin Ahmed Hammad and Expro Executive Vice President of Planning and Project Management Eng. Khalid bin Fahd Al-Arik during the Financial Sector Conference in Riyadh.
The memorandum will work on integrating the roles of the two parties, agreeing on the requirements needed to assess the economic and social impacts, and the methodologies used with the purpose of achieving sectoral and regional economic development goals.
The memorandum details the tasks and responsibilities assigned to both parties, which will help achieve fruitful cooperation in the service of all beneficiaries and achieve the national goals, in accordance with Saudi Vision 2030.
13:50 LOCAL TIME 10:50 GMT