The Council of Ministers has entrusted the Council of Economic and Development Affairs with the task of establishing the mechanisms and measures necessary to achieve Saudi Vision 2030. The Council of Economic and Development Affairs has developed a comprehensive governance model aimed at institutionalizing, enhancing its work, facilitating the coordination of efforts among relevant stakeholders and effectively following-up progress. Roles and Responsibilities Level One. Defining directions and making decisions: Council of Economic and Development Affairs. The Council of Ministers has mandated the Council of Economic and Development Affairs to establish the mechanisms and measures necessary for achieving Saudi Vision 2030. This includes identifying and presenting visions, directions, and programs; as well as deciding on any amendments or updates to the programs and initiatives. The council shall also make decisions on any matter under its jurisdiction that could prevent programs from achieving their goals. Finance Committee: The committee shall establish and update the approval mechanisms for funding programs and initiatives, including medium-term expenditures. It shall also prepare and update the detailed mechanisms for examining the financial requirements of programs and initiatives, for planning of cash flows and for reporting on progress. Communication Team at the Council of Economic and Development Affairs. The Communication Team shall work to instill a clear image of Saudi Vision 2030. It shall unify the publically communicated messages, correct any miscommunication, develop communication plans and implement the programs that will be publically launched and strengthen our transparency principle. --More
