Minister of Finance: agreements signed today strengthen Saudi economy in various fields

Minister of Finance: agreements signed today strengthen Saudi economy in various fields

Saturday 1438/8/24 – 2017/05/20

Riyadh, Sha’ban 24, 1438, May 20, 2017, SPA — Minister of Finance Mohammed Al-Jadaan held a press conference at the Marriott Media Center in Riyadh today,
The Minister of Finance talked about the Saudi economy and said that the agreements signed today with the US side strengthen the Saudi economy in various fields and contribute to creating job opportunities for Saudi youths.
He pointed out that today an agreement was signed to localize the arms industry in the Kingdom, which will achieve the vision of the Kingdom 2030 to provide 50% of the kingdom’s purchases of arms in 2030, noting that the signed agreement is an investment agreement and not a purchase of weapons.
He added that the details of the agreement will be announced in time by the competent authorities, noting the strength of the Saudi economy.
–SPA
23:30 LOCAL TIME 20:30 GMT