PM chairs Economic Commission follow-up meeting on economic recovery

Prime Minister Concludes Visit to Qatar After Participating in the Second World Summit on Social Development

Prime Minister Salem Saleh bin Buraik has concluded his visit to Doha, during which he participated in the Second World Summit on Social Development, organized by the United Nations and the State of Qatar.

Israeli Occupation Forces Arrest 4 Palestinians in Ramallah

Israeli occupation forces arrested four Palestinians in Ramallah province today, Thursday, after raiding their homes.

Oil declines amid concerns of possible oversupply

Oil prices fell today, Tuesday, as investors weigh the OPEC+ alliance's decision to suspend production increases during the first quarter of next year, amid ongoing concerns about a potential surplus in global supply.

Paris Saint-Germain defeats Nice, underpins their lead in French Ligue 1

Paris Saint-Germain strengthened its lead in the French Ligue 1, after defeating its guest Nice 1-0 in a match held as part of the eleventh round of the French Ligue 1.

Last Update: ، 2025/11/07 Time 05:30:26
Latest News:

PLC Member Tariq Saleh meets Kuwaiti Oil Minister

Transport Minister discusses with Economic Advisor to UN Envoy economic situations, navigation traffic

Minister al-Soqatri discusses with FAO joint cooperation

Leadership Council Member Tariq Saleh meets with Syrian President

Presidential Leadership Council Member Tariq Saleh arrives in Brazil to join Climate Summit

PM chairs Economic Commission follow-up meeting on economic recovery

[10/09/2018 03:37]

RIYADH-SABA
Prime Minister Ahmed bin-Daghr chaired a meeting with the Economic Commission to follow up on the economic developments and measures taken by the government to stop the deterioration of the national currency, Riyal.

The meeting recounted the mechanism adopted in the last Cabinet meeting to tackle the Riyal depreciation and mitigate its impact on the people.

The Prime Minister said the measures which the government had taken included allowing traders to open letters of credits with the national banks to cover the import of basic foodstuffs identified in the previous meeting. The covered items are wheat, rice, sugar, milk, edible oil and medicines.

The Prime Minister said that "the matrix of urgent economic measures for economic recovery is carried out systematically and automatically and with the cooperation of all governmental and private agencies, and will be crowned with success." He hailed the great efforts exerted by the Economic Commission to follow up on the implementation of the tackling measures.