Saudi Arabia determined to ‘combat corruption’

King Salman chairs the Cabinet session in Riyadh on Tuesday. (SPA)
Updated 05 February 2019
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Saudi Arabia determined to ‘combat corruption’

  • Law enforcement, auditing bodies should strengthen their roles to protect public funds, says King Salman

RIYADH: Saudi Arabia will continue to preserve integrity and combat corruption, King Salman said at the weekly Cabinet session in Riyadh on Tuesday.
Law enforcement and auditing bodies should strengthen their roles so that they can protect and preserve public funds, he added.
The king thanked Crown Prince Mohammed bin Salman, who is chairman of the Anti-Corruption Committee, for his efforts and keenness.
King Salman also thanked the committee’s staff and working teams for completing the tasks assigned to them. The Cabinet vowed to continue to fight corruption and punish those responsible.
It lauded the consultative meeting of the foreign ministers of Saudi Arabia, Kuwait, the UAE, Bahrain, Egypt and Jordan.
The meeting discussed regional developments, and enhancing cooperation and coordination to serve Arab interests.
The Cabinet reviewed the latest Arab, regional and international developments. It commended the holding of the first round of Saudi-German political consultations, which reviewed bilateral relations, cooperation in combating extremism and terrorism, and regional and international issues.
Media Minister Turki bin Abdullah Al-Shabanah said the Cabinet discussed cultural and heritage activities held during the past few days, which witnessed large turnouts and international participation.
The Cabinet authorized the interior minister or his deputy to discuss with Chinese officials a memorandum of understanding (MoU) between the Saudi Interior Ministry and China’s Public Security Ministry to combat electronic crime.
The Cabinet also approved an MoU for political consultations between the Saudi and Dutch foreign ministries.
Furthermore, it approved an agreement between Saudi Arabia and the UAE to avoid double taxation and tax evasion.


Finance officials meet to map out Saudi Arabia’s budget plans

Updated 19 April 2019
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Finance officials meet to map out Saudi Arabia’s budget plans

  • Finance representatives of 150 government bodies meet for the Budget Forum 2020

RIYADH: Saudi finance chiefs have kicked off a major conference in the capital aimed at mapping out the Kingdom’s budget requirements.
Around 300 specialists representing 150 government bodies met at the InterContinental hotel in Riyadh for the Budget Forum 2020.
Minister of Finance Mohammed Al-Jadaan welcomed delegates to the second edition of the gathering organized by the Saudi Finance Ministry under the slogan “Partnership and Empowerment.”
Al-Jadaan said the ministry was focused on “partnership and commitment,” and sought to share the challenge of developing an effective budget to achieve the Kingdom’s ambitious goals.
“We are also committed to empowering financial leaderships to learn about the ministry’s programs and projects and provide training and qualification opportunities to the best international standards,” he added.
The finance chief said the budget planning process required the collaboration of multiple authorities and a clear strategy based on transparency. 
Items up for discussion at the forum included financial planning in governmental bodies, automation, and the promotion of revenues and efficient spending.
Finance Ministry steering committee chairman, Abdul Aziz bin Saleh Al-Freih, stressed the importance of the forum in getting the ball rolling at an early stage on formulating a general state budget.
Workshops were held on the sidelines of the conference focused on empowering government organizations, and a training program on financial planning and income estimations was also staged.