On Wednesday, February 13, 2019, Asharqia Chamber organized a workshop on the study provided by Sajini Research and Consultancy Center that is commissioned by the Riyadh Economic Forum in its ninth session 2019, which is considering measuring the impact of financial reforms on economic development in the Kingdom.
The workshop was moderated by the Chairman of the Chamber's Commercial Committee, Hani bin Hassan Al-Afalq, and was attended by a member of the Board of Directors Najib bin Abdullah Al-Sihati, and a group of businessmen and financial specialists.
The workshop discussed a number of topics related to the business sector on the program of financial balance, which was approved in December 2016, as well as the implications of the financial reforms and the extent of their reflection on the rates of economic development in the country and on various projects, both in terms of total demand, operating costs, prices, profitability rates and operating risks.
For his part, the head of Sajini Research and Consultancy Center, Ismail Ibrahim Sejini, talked about the idea of the study assigned by the Center to Riyadh Economic Forum and its objectives.
He pointed out that the aim of the workshop is to draw the views of businessmen and businesswomen from the Eastern Region about the financial reform program and its detailed components and the extent to which it can achieve its objectives, as well as their estimates of the potential impacts of the financial program on various aspects of economic growth and the most important measures and measures to be taken.
He stressed that these views as they support the study and its results, which will be presented at the Riyadh Economic Forum, which avoids the current drawbacks and supports the full utilization of the private sector growth programs contained in the fiscal balance program.
Ismail Sejini said that the study is trying to measure the implications of the financial reforms approved by the government with the launch of the Vision of the Kingdom 2030 by measuring the direction of project results and expectations associated with business environment development in general, as well as the extent to which projects benefit from the private sector growth programs contained in the fiscal balance program.
