Mohammed bin Abdullah Al-Jadaan, Minister of Finance, launched here yesterday a digital platform "Etimad" which included the Finance Ministry's electronic services to the public and private sectors at King Abdullah Petroleum Studies and Research Center "KAPSARC" at the road of King Khaled International Airport in Riyadh.
During the launching ceremony, Al-Jadaan thanked all relevant bodies participated in launching Etimad Platform, adding that this project affirms unity of the national aim and teamwork to consolidate the national trends towards the digital transformation within framework of the Kingdom Vision 2030.
The Minister of Finance highlighted the ministry's strategy, in light of the Kingdom Vision 2030, aiming to empower the Kingdom to be among the 15 largest economies in the world by 2030 through developing a distinct financial regulation. To achieve this trend, the finance ministry has adopted strategic aims which are based on five pillars relating to development of the sustainable financial policies, optimal allocation of the financial resources and raising the efficiency of its management, improving quality of the accounts, enhancing transparency, optimal allocation of the state assets as well as enhancing the Kingdom's position globally and regionally.
He added that the ministry's strategy focused on three pillars: empowering the digital transformation, enabling the human cadres within a productive environment and enhancing management of change and communication.
Al-Jadaan affirmed that Etimad platform aims to provide services to the public and private sectors alike, disclosing that this platform seeks to accelerate and facilitate the government requirements and measures.
"Integrated relationship among the public and private sectors represent a developmental business regulation in the Kingdom where the private sector, in light of the Kingdom Vision 2030, is important as the public or governmental sector," he said, adding that the private sector is a main partner in the comprehensive development and one of the national economy's pillars.
He stressed that this platform contributes to accelerate the payment of dues of this vital sector in addition to the government's commitment to pay the private sector's entitlements within 60 days.