Ministry of Economy and Planning (Saudi Arabia)
Faisal F. Alibrahim, the current Minister of Economy and Planning since 2021 | |
| Ministerial Department overview | |
|---|---|
| Formed | 2003 |
| Preceding agencies |
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| Jurisdiction | Government of Saudi Arabia |
| Headquarters | Riyadh |
| Minister responsible |
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| Website | Official English website |
The Ministry of Economy and Planning (MEP) (Arabic: وزارة الاقتصاد والتخطيط) is one of the governmental bodies of Saudi Arabia and part of the cabinet. The ministry has the function of developing and implementing five-year plans which reflect the long-term economical targets of the country. The ministry is assumed by Faisal bin Fadel bin Mohsen Al-Ibrahim, who was assigned to it on May 2, 2021, to succeed the designated Minister of Finance, Muhammad Abdullah Al-Jadaan.