Minister hails nonprofit sector’s efforts for Vision 2030

RIYADH: Minister of Human Resources and Social Development Ahmed Al-Rajhi recently lauded the Kingdom’s nonprofit sector for its work toward the realization of Saudi Vision 2030, the Saudi Press Agency reported.
Al-Rajhi said that the nonprofit sector played a significant role in national development, creating “sustainable impacts” and establishing robust partnerships with community institutions and individuals through the implementation of “many outstanding projects.”
Al-Rajhi, who is also chairman of the National Center for Non-Profit Sector, noted that the expedited incorporation process for nonprofit organizations — which takes no more than four days, as opposed to 18 months previously — is “one of the most remarkable accomplishments” in the country’s recent history.
The current value of outsourced government-services contracts is more than SR2.6 billion ($693.1 million), and this has had a positive impact on the business processes, quality and efficiency of nonprofit organizations, he added.
Furthermore, Al-Rajhi noted that a report evaluating the financial performance of nonprofit organizations had been released and that a fund has been established to support such associations. Six investment funds have been established in collaboration with the General Authority for Endowments and the Council of NGOs.
These initiatives have played a role in expanding development projects, he said, while the implementation of an electronic-services system has also improved procedures for beneficiaries.
Al-Rajhi said that the nonprofit sector workforce rehabilitation initiative has trained 3,109 people so far, and noted that there are now 4,134 nonprofit sector organizations registered in the country.

Minister hails nonprofit sector’s efforts for Vision 2030