Consumer protection a fundamental right

Updated 29 April 2015
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Consumer protection a fundamental right

The Saudi Consumer Protection Association (CPA), which is a consumer redressal forum, should be made into an independent body to effectively deal with complaints pertaining to products and services, say experts.
“If the CPA wants to achieve its objectives, it must work more to receive consumer complaints pertaining fraud, cheating and disinformation. It should then present these complaints to the authorities concerned, as well as support governmental efforts in consumer protection,” economic researcher Ahmad Al-Daiel said.
Some experts said the CPA duties include preparing studies, holding conferences and consumer protection exhibitions, as well as representing consumers at local and international committees of consumer protection.
The experts said the CPA should raise awareness among all segments of consumers through media, websites, mobile apps. They proposed to convert the CPA into an independent body, financially and administratively to discharge its duties more effectively.
The CPA is a member of Consumers International, which is the world federation of consumer groups.


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.