Ministry of Finance - Saudi Arabia

​​Duties of the MinistrySupervising implementation of the government’s fiscal policy and monitoring its implementation by the relevant agencies.Preparing the government’s budget, discussing it with government agencies, and monitoring its implementation.Controlling the current accounts between the Ministry of Finance and all other government agencies.Monitoring the pre-disbursement phase of budgetary funds for all government agencies.Supervising government revenue collection activities and ensuring that they comply with the relevant rules and regulations.Supervising the annual closing of the government’s accounts and expenditures.Supervising and protecting government’s properties.Representing the government in international and regional economic and financial institutions, monitoring international financial and economic developments, and preparing the necessary studies and reports.Implementing the government’s resolutions with respect to external assistance.Monitoring implementation of the government’s policy for providing loans to individuals and national corporations for various developmental activities through its banks and funds, including the Agricultural Bank, the Credit Bank, the Industrial Development Fund, the Real Estate Development Fund, and the Public Investment Fund.