The Saudi Council of Economic and Development Affairs (CEDA) has officially approved the conclusion of the Financial Sustainability Program, one of the earliest initiatives under Saudi Vision 2030. This program has played a key role in reshaping public finances by introducing reforms aimed at diversifying revenue sources, improving government spending efficiency, and enhancing financial planning capabilities.

The program's successful implementation laid a foundation for continued progress in financial sustainability across key sectors.

The Council’s virtual meeting also reviewed the performance of the program and its impact on public finance transformation, as well as the economic report for January, which highlighted global economic trends, projections for economic growth, and the influence of geopolitical conditions on emerging market economies.

Despite global challenges, Saudi Arabia's economy has shown resilience, with growth in consumer spending and private sector activity, in line with the Vision 2030 objectives.

The meeting also provided an update on the Quality of Life Program, which has seen significant progress since its launch under Saudi Vision 2030. This program, aimed at improving living standards for citizens and residents, has been driven by coordinated efforts from various government entities.

In addition, CEDA reviewed reports on economic indicators, including the country’s GDP, consumer price index, wholesale price index, and foreign trade statistics.

The Council emphasized the importance of continued progress on key economic and social initiatives as part of Vision 2030.

The meeting concluded with decisions and recommendations on various strategic projects, including those aimed at improving waste management in Riyadh and optimizing the governance of national strategies, with a focus on healthcare and the availability of medical supplies.