PM chairs Economic Commission follow-up meeting on economic recovery

Republican Decree Appointing Governor for Hadhramout issued

The Republican Decree No. (45) of 2025 was issued Thursday in accordance with the Constitution, the law, and the references of the transitional phase, and after the approval of the Presidential Leadership Council.

Bulgaria's Kozloduy Nuclear Plant Partners with 4 Universities to Train Future Staff

Kozloduy Nuclear Power Plant (NPP) - New Builds EAD signed framework agreements with four Bulgarian universities to collaborate on staffing future projects, attended by Energy Minister Zhecho Stankov and Education Minister Krasimir Valchev.

Gold stabilizes near its highest in two weeks

Gold prices stabilized significantly today, Thursday, after reaching their highest level in nearly two weeks in the previous session, as market participants assessed the possibility of a U.S. interest rate cut in December.

Croatia Qualifies for 2026 World Cup with Thrilling Win Over Faroe Islands

Croatia secured a spot in the 2026 World Cup in the United States, Mexico, and Canada after defeating the Faroe Islands 3-1.

Last Update: ، 2025/11/28 Time 11:08:06
Latest News:

Prime Minister Praises GCC support to Government

PM: We're looking forward to Russian partnership in energy businesses

Vice Minister of Water Discusses with Secretary-General of PERSGA Protect Environment of Red Sea, Gulf ..

Leadership Council Chairman Meets Gulf Cooperation Council Ambassador

Agriculture Minister Honors 26 Rural Women on World Food Day and Rural Women's Day

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.