Council of Economic and Development Affairs (Saudi Arabia): Difference between revisions
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== History ==
The fall in oil prices in 2014, coupled with developing security threats led King Salman bin Abdulaziz Al Saud to reshuffle the existing cabinet structure and staff. On 29 January 2015, days after assuming the throne, [[Salman of Saudi Arabia|King Salman bin Abdulaziz]] ordered major changes to government including a cabinet shuffle, via royal decree. He replaced a dozen existing cabinets, or advisory bodies, with two new ones: the Council of Political and Security Affairs, and the Council of Economic and Development Affairs, in order to improve efficiency in the government’s decision-making apparatus.<ref name="BI generation"/><ref>{{cite web|url=
Each year, a meeting is chaired by the crowned prince to review and assess the Council’s actions and decisions. Following an inaugural session in February 2015, review sessions were held in February of 2016 and 2017: the first included briefs made by the Project Management Office (within CEDA)<ref>{{cite web|url=https://english.aawsat.com/shuja-baqmi/business/council-of-economic-and-development-affairs-assesses-performance-over-the-past-year|title=Council of Economic and Development Affairs Assesses Performance over the Past Year|website=Aawsat.com|date=3 February 2016|author=Shuja Al-Baqmi|accessdate=13 August 2017}}</ref> and the second featured briefs by the Ministry of Energy, Industry and Mineral Resources as well as the Minister of Justice, on improving their respective entities’ outputs, to be in line with the kingdom’s Vision 2030.<ref>{{cite web|url=https://english.aawsat.com/theaawsat/business/economic-council-reviews-benefit-mining|title=Economic Council Reviews How to Benefit More from Mining|website=Aawsat.com|date=21 February 2017|author=Asharq Al-Awsat|accessdate=13 August 2017}}</ref>
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