King Faisal Foundation enhances cooperation with Ministry of Economy and Planning

Through the agreement, the two parties will enhance their cooperation in building local economic research capabilities. (Supplied)
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  • The ministry aims to deepen high-level partnerships in the labor market, economic diversification, financial systems, social support and protection, sustainable economy, and international trade

RIYADH: On Wednesday at the King Faisal Center for Research and Islamic Studies’ headquarters, the Ministry of Economy and Planning’s Deputy Minister for Strategic Planning and Organizational Excellence Fahad Al-Humaidah and the center’s Assistant Secretary-General Ibrahim Al-Deghaither signed a memorandum of understanding.

The agreement aims to enhance cooperation between the two parties in building local capabilities in economic research, developing accurate and comprehensive research tools and economic indicators, and supporting the decision-making process by contributing to the formulation of public policies.

The ministry aims to deepen high-level partnerships in the labor market, economic diversification, financial systems, social support and protection, sustainable economy, and international trade.