Drive launched against excess air conditioning across Saudi Arabia

1 / 4
Power efficiency is one of the central themes of Saudi Vision 2030. (SPA)
2 / 4
Power efficiency is one of the central themes of Saudi Vision 2030. (SPA)
3 / 4
Power efficiency is one of the central themes of Saudi Vision 2030. (SPA)
4 / 4
Power efficiency is one of the central themes of Saudi Vision 2030. (SPA)
Updated 04 April 2019
0

Drive launched against excess air conditioning across Saudi Arabia

  • Saudi Arabia’s current population is around 30 million with an annual growth rate of 2.7 percent

RIYADH: The Saudi Energy Efficiency Center launched a campaign on Monday to warn citizens, private companies and the government about the environmental and economic costs of excessive air conditioning at home, at work and in vehicles.
The four-week campaign, part of the National Awareness Campaign on Energy Rationalization, aims to raise awareness about ways to reduce dependence on air conditioners.
It will be delivered throughout the Kingdom via billboards, newspapers, TV and social media.
Rapid population growth is also driving energy use in the Kingdom. Saudi Arabia’s current population is around 30 million with an annual growth rate of 2.7 percent. Economic and social development over the next decade will ensure further population increases.
Power efficiency is one of the central themes of Saudi Vision 2030. Thirty-eight percent of the Saudi production of oil and gas is locally consumed, mainly in the transport sector and electricity production.


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

Updated 19 April 2019
0

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.