The ministers claimed that the measures taken by the Saudis to oppose Kovid were successful. There are indications that the disease is under control in the country. With the deregulation, the economy became active. Finance Minister Mohammed al-Jadhan said it was a good sign that some of the sectors that had started operations after the lockdown had strengthened. Investment Minister Khalid al-Falih also said that 506 new business entrepreneurship licenses had been issued in the first half of this year, when Kovid was arrested. The two were speaking at a virtual summit. The Saudi economy is recovering. The growth of foreign investment is on the strongest path we have seen in recent times. He said the figures for June and July were a source of confidence.
But caution is in order. We are not completely Kovid free. We must move forward with optimism and faith in vigilance. This is a year of unprecedented challenges. He further added that the future of the economy depends on the survival of the virus. He said that the national transformation projects implemented in the country have been a great help in combating the epidemic.
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