2006 News Story

Supreme Economic Council approves economic measures

Secretary-General of the Supreme Economic Council Abdulrahman Al-Tuwaijeri approved a series of economic measures today, as part of Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz’s ongoing economic reforms designed to boost economic growth, increase investments and bolster privatization. They are:

1) Approval of the executive program of privatization of Saudi Arabian Airlines;
2) Approval of the executive program of the expansion and rehabilitation of the complex of pilgrims terminals; 3) Approval of request by the Ministry of Health and the General Corporation of Technical Education and Vocational Training to establish a special fund for each organization, similar to the fund of university education;
4) Approval of rules organizing the private sector’s participation in the water and sewage sector;
5) Approval of controls of application of governmental electronic dealings.

Al-Tuwaijeri said that the measures would be submitted for legal approval.