Ministry of Economy and Planning (Saudi Arabia)
| وزارة الاقتصاد والتخطيط | |
Faisal F. Alibrahim, the current Minister of Economy and Planning since 3 May 2021 | |
| Agency overview | |
|---|---|
| Formed | 13 October 1975 |
| Preceding agencies |
|
| Jurisdiction | Government of Saudi Arabia |
| Headquarters | Riyadh |
| Minister responsible | |
| Child agency | |
| Website | www |
The Ministry of Economy and Planning (Arabic: وزارة الاقتصاد والتخطيط) is a government ministry in Saudi Arabia responsible for developing and implementing plans that guide the country’s long-term growth.[1]
History
The Ministry of Economy was established in 1953 and merged the following year, in 1954, with the Ministry of Finance to form the Ministry of Finance and National Economy. In 1959, the Supreme Council for Planning was created to oversee national planning functions. It was replaced in 1964 by the Central Planning Authority. In 1975, the Central Planning Authority was transferred to the Ministry of Planning, consolidating planning responsibilities within a single ministry. In 2000, responsibility for economic affairs was transferred from the Ministry of Finance and National Economy to the Ministry of Planning. In 2003[2], the Ministry of Planning was renamed the Ministry of Economy and Planning.[3]
List of ministers
| No. | Portrait | Minister | Took office | Left office | Time in office |
|---|---|---|---|---|---|
| Ministers of Planning (1975–2003) | |||||
| 1 | Hisham Nazer | 13 October 1975 | 2 August 1991 | 15 years, 293 days | |
| 2 | Abdul Wahhab Attar | 2 August 1991 | 16 June 1999 | 7 years, 318 days | |
| 3 | Khalid Al-Qusaibi | 16 June 1999 | 30 April 2003 | 3 years, 318 days | |
| Ministers of Economy and Planning (2003–present) | |||||
| 1 | Khalid Al-Qusaibi | 30 April 2003 | 13 December 2011 | 8 years, 227 days | |
| 2 | Muhammed Al-Jasser | 13 December 2011 | 29 April 2015 | 3 years, 137 days | |
| 3 | Adel Fakeih | 29 April 2015 | 4 November 2017 | 2 years, 189 days | |
| 4 | Mohammad Al-Tuwaijri | 4 November 2017 | 6 March 2020 | 2 years, 123 days | |
| — | Mohammed Al-Jadaan (Acting) | 6 March 2020 | 3 May 2021 | 1 year, 58 days | |
| 5 | Faisal F. Alibrahim | 3 May 2021 | Incumbent | 4 years, 322 days | |
Functions
The major function of the ministry is to prepare the development plans of the country.[4] It has various major agencies including the General Authority for Statistics and the national computer center.[5][6]
See also
References
- ^ "Saudi Arabia appoints new minister of economy and planning". Reuters. 3 May 2021. Retrieved 2 February 2022.
- ^ "Saudi Cabinet reshuffle". SAMIRAD. Riyadh. 30 April 2003. Archived from the original on 2 October 2013. Retrieved 27 September 2013.
- ^ "Ministry of Economy and Planning". Saudipedia. Retrieved 19 February 2026.
- ^ "Economy and Planning organizes the 10th development plan workshop". Saudi Business News. Archived from the original on 17 February 2013. Retrieved 2 October 2014.
- ^ "Ministry of Planning and National Economy". SAMIRAD. Archived from the original on 22 June 2000. Retrieved 27 September 2013.
- ^ "System of General Statistics". Central Department of Statistics and Information. Archived from the original on 19 August 2013. Retrieved 27 September 2013.