Saudi CEDA Reviews Global Growth, Price Stability and Health Transformation Progress
The Purchasing Managers’ Index reached 55.3 points, marking its highest reading since February 2016 as the Council of Economic and Development Affairs (CEDA) reviewed national price stability amid mounting global pressures, Saudi Gazette reported.
During a meeting held via video conference on Monday, CEDA reviewed the Ministry of Economy and Planning’s monthly report on global economic growth and its outlook amid rapidly shifting geopolitical dynamics. The report emphasized the Kingdom’s pivotal role in strengthening global economic resilience and supporting international price stability by ensuring continuous energy supplies and alternative export routes. These actions have softened the impact of geopolitical changes on global markets.
Saudi Economy Shows Resilience Amid International Pressures
The council examined implications for the domestic economy, noting that economic indicators show a capacity for price stability despite mounting international pressures. This resilience is attributed to effective economic and structural policies that have contained inflation and protected purchasing power. The milestone reading of 55.3 points for the Purchasing Managers’ Index reflects growing business confidence and the adaptability of the Saudi economy as it continues to diversify under Saudi Vision 2030.
In addition to economic indicators, the council considered monthly executive summaries of the Consumer Price Index and the Wholesale Price Index, a quarterly executive summary of the Gross Domestic Product report, a monthly executive summary on foreign trade, and underlying reports, issuing necessary decisions and recommendations.
Ministry of Health Transfers Clusters to Health Holding Company
The council discussed a presentation by the Ministry of Health on progress in the health transformation plan, the national health insurance scheme, and the transfer of health clusters to the Health Holding Company. Ten health clusters are transferring to the Health Holding Company, with steps established to complete the transfer of remaining clusters by early 2027. This initiative aims to separate service provision from regulation and financing, with the ministry supervising the sector and the Health Holding Company delivering care through 20 health clusters aligned with the Saudi Model of Care.
To monitor government entities, the council reviewed a third-quarter 2026 report by the Project Management Office of the CEDA Secretariat. The report detailed central government outputs and completion statistics, noting an increase in entities scoring above 98% on performance indicators alongside a decline in outstanding or delayed tasks. CEDA also evaluated procedural matters, including progress reports on directives to develop the startup and venture capital sector and activities of the National Program to Combat Commercial Concealment.