RIYADH: The government of Saudi Arabia’s spending on technology is the highest in the world, with 21.7 percent of the total technical spending, the governor of the Digital Government Authority said.
The Saudi government’s expenditure on technology will be valued at SR93 billion ($24.7 billion) by 2025, Ahmed Mohammed Al-Suwaiyan added.
He said this during the Global Entrepreneurship Congress in Riyadh.
Al-Suwaiyan stated that the government is working to promote localization in the digitization sector.
The DGA has launched the Digital Government Investment and Procurement Program Initiative, known as SADAF, to improve financial planning and accelerate digital procurement in government agencies.
In line with Saudi Vision 2030, SADAF is aimed at becoming a gateway to digital investment for public and private sectors in an effort to a sustainable digital economy, Al-Suwaiyan explained.
