World Bank official: Saudi fight against corruption ‘important for development’

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Crown Prince Mohammed bin Salman is spearheading an ambitious reform plan for Saudi Arabia. (Reuters)
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Hafez Ghanem, the vice president of the World Bank for the Middle East and North Africa, said the first step for fighting corruption was to ensure transparency. (Reuters)
Updated 12 November 2017
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World Bank official: Saudi fight against corruption ‘important for development’

LONDON: Fighting corruption is key to Saudi Arabia’s development, a senior World Bank official said as he welcomed the raft of reforms underway in the Kingdom.
Hafez Ghanem, vice president of the World Bank for the Middle East and North Africa, told Arab News that anti-corruption drives were important to a country’s future development.
“Fighting corruption is important for development, it is an important part of the Vision 2030,” he said, making reference to the ambitious reform plan spearheaded by Crown Prince Mohammed bin Salman.
Areas in which the World Bank has worked with Saudi Arabia include transparency of procurement systems.
“The first step for fighting corruption is to ensure transparency; if you’re going to fight corruption you have to have a transparent system — people should be able to see what is going on. So we work with the government of Saudi Arabia on its budget system to make sure that it is transparent,” he said.
“It is very important also to work on the public procurement system, to make sure (it is run) in a transparent way and also in a competitive way. And there is a level playing field.”
Ghanem said the World Bank had been providing an increasing level of technical assistance in support of the Vision 2030 plan.
“We provide support to the social sectors — education, health, labor, social protection and so on. We provide support to sustainable development and infrastructure support, to economic management and fiscal policy and also we provide support to capacity building to improve accountability and fight corruption.
“From our position this entire Vision 2030 reform program is very ambitious, very dynamic, very important … we at the World Bank are strongly supportive of it.”
Ghanem praised the “exciting” Vision 2030 plan and pointed to the speedy pace of reforms in the Kingdom.
“One important indicator is what we call the ‘Doing Business’ indicators that the World Bank publishes every year and the one that we just published two weeks ago showed that Saudi Arabia is among the top 20 reformers in the world and the second best reformer among high income and G-20 countries,” he said.
“It shows the speed of change which is really commendable. Given from where Saudi Arabia started, that is an amazing outcome.”
The Kingdom has embarked on a wide anti-corruption drive, with 208 individuals having been called in for questioning, as authorities said at least $100 billion of funds have allegedly been misused. Seven of those individuals were later released.
Ghanem declined to comment on ongoing legal proceedings or specific cases in the Kingdom.


Arab coalition continues to aid those affected by cyclone Luban in Yemen's Al-Mahra province

Updated 22 October 2018
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Arab coalition continues to aid those affected by cyclone Luban in Yemen's Al-Mahra province

RIYADH: Arab Coalition spokesperson said they have made great efforts to help the people of Al-Mahra province in Yemen in the aftermath of tropical cyclone Luban.
Col. Turki Al-Maliki said they have allocated 10 helicopters and are continuing land and air relief efforts to assist the people of Al-Mahra.
He added that 60 members of Saudi Arabia’s Civil Defense forces have been dispatched to help mitigate the impact of cyclone Luban.
“The Yemeni National Army continues to liberate sites under militia control,” he said, adding that the “coalition’s efforts are continuous at all levels to support the Yemeni people.”
He point out that there are 22 fully operational relief ports in Yemen, calling on the Yemeni people to communicate with the coalition to facilitate the delivery of aid.
Col. Al-Maliki also said militia elements are using mosques as weapons depots.