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News Saudia > Business > Economic Council Reports Saudi Government Gains on Vision 2030 Targets in Early 2026
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Economic Council Reports Saudi Government Gains on Vision 2030 Targets in Early 2026

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Last updated: July 7, 2026 6:17 pm
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The Council of Economic and Development Affairs convened via videoconference on July 7, 2026 to assess multiple reports that showed Saudi government entities had lifted the share of initiatives either on track or completed relative to the preceding quarter. According to the quarterly assessment by the National Center for Performance Measurement, known as Adaa, the proportion of such initiatives had risen as the council continued efforts to back entities in tackling obstacles and tracking remedial measures. The council’s review underscored systematic monitoring that has helped sustain momentum across public programs aligned with the kingdom’s long-term diversification strategy first unveiled in 2016.

A monthly briefing from the Ministry of Economy and Planning that the council examined detailed the Saudi economy’s demonstrated resilience amid worldwide shifts, including the logistics sector’s flexibility in responding to changing conditions. Ministry of Economy and Planning figures highlighted in the presentation pointed to policy measures that have kept inflation at one of the lowest levels recorded globally while generating a sustained trade surplus driven by non-oil exports. These outcomes reflect broader adaptability that has allowed the kingdom to maintain stability even as external pressures tested supply chains in other regions.

The Ministerial Committee for Traffic Safety submitted its annual report which the Saudi Press Agency cited as documenting a historic reduction of more than 60 percent in road traffic fatalities between 2016 and 2025. That decline, achieved through coordinated enforcement and infrastructure upgrades, directly advances goals under both the Health Sector Transformation Program and Vision 2030 according to the committee’s assessment. Committee representatives outlined additional steps planned to build on the gains and further lower accident rates nationwide in coming periods.

Administrative items on the council agenda included a draft proposal for establishing an Industrial Council along with updates on health protocols for the upcoming Umrah season. The council evaluated Saudi Arabia’s upcoming participation in the World Economic Forum meetings in Davos as well as progress on attracting international organization headquarters to the kingdom. Separate briefings covered the United Nations E-Government Development Index ranking alongside a governance and risk management overview and a summary of recent foreign trade activity.

Decisions and recommendations issued at the conclusion of the session focused on advancing the reviewed initiatives across economic, safety and administrative domains. The council’s deliberations drew on data compiled by multiple specialized centers to ensure alignment with national priorities established under Vision 2030. Earlier benchmarks published by the National Center for Performance Measurement had similarly tracked incremental yearly advances in program execution since the strategy’s launch.

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ByNewsDesk
News Saudia NewsDesk is the desk responsible for News Saudia's daily news coverage, monitoring and reporting developments across the Gulf from official sources, including national news agencies and government communications. Its focus is accurate, timely and factual coverage of the region.
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