A member takes part in deliberations during the weekly Shoura Council meeting on Sunday. (SPA)

The Shoura Council during its 64th ordinary session called for the establishment of a committee in the Ministry of Labor made up of relevant bodies to coordinate and supervise the Saudi employment strategy, and provide the necessary support for its implementation.

It also demanded continued efforts by the ministry in cooperation with the Ministry of Interior to correct the status of expatriates who are in violation of the Kingdom’s residency and labor laws.

The council voted on the recommendations put forward by the management and human resource committee with regard to the annual performance report of the Ministry of Finance for the financial year, 2013/2014.

Other reports under discussion were the Agricultural Development Fund’s annual report for the financial year 2013/2014 in addition to the Ministry of Social Affairs report regarding the social, family and youth affairs committee for the same period.

Also on the agenda was the report of the energy and economic affairs committee with regard to the nationalization project in the Kingdom presented by member Abdulrahman Al-Rashed.

The committee approved the draft study which aims to create a business climate in the Kingdom to encourage the establishment of national productive sectors operated by Saudi labor and can meet the requirements of government apparatuses and companies of strategic sectors to replace imported goods with indigenous products.

They will also contribute to the diversity of the economic infrastructure in the Kingdom in addition to solving the problem of unemployment and support the Saudi business sector.

Last week, the council demanded that the government waive repayment of loans for people with limited incomes. The council sought the support of the Real Estate Development Fund, which would bear the brunt of such a waiver, and the Finance and Social Affairs Ministries in making the proposal a reality.

 
[wpResize]