Novel approach to boost economy

Deputy Crown Prince Mohammad bin Salman
Prince Mohammad bin Salman

Deputy Crown Prince Mohammad bin Salman


The Council for Economic and Development Affairs, led by Deputy Crown Prince Mohammad bin Salman, second deputy premier and defense minister, has been running several initiatives to consult citizens and decision-makers about economic issues.

The initiative was started by the secretariat of the council after a workshop held last Wednesday, which included Prince Mohammad meeting participants. The exercise included the formation of several groups on WhatsApp, which is being used to exchange ideas on how to develop the economy.

The participants included academics, journalists, writers, businesspeople, poets and representatives of various organizations. The groups covered social development, empowerment of the private sector, and improvement of government performance.

Prince Mohammed has already had in-depth discussions with ministers and other decision-makers over the past year, including on creating more jobs for citizens and protecting consumer rights.

He had been briefed by the Labor Ministry on initiatives to create more jobs for citizens in the private sector and drive out illegal foreign workers violating the Kingdom’s residency and labor laws.

He also participated in discussions with officials of the Commerce and Industry Ministry on endeavors to develop the business and industrial sector, strengthen the Kingdom’s competitiveness in international markets, and increase the contribution of small and medium enterprises to the country’s gross domestic product.


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