The economic team held a meeting Saturday under the chairmanship of Prime Minister Dr. Omar al-Razaz. The economic team discussed a set of economic and investment policies and procedures aimed at stimulating the economy and boosting economic growth and attracting investments that contribute to the creation of jobs and reduce unemployment, especially in the provinces and parties. The economic team presented a number of measures taken by the government during the past few weeks to stimulate many economic sectors, including the real estate and land sector, which grew during the first quarter of this year by 12 percent over the same period last year.

Exemption from transfer fees, (Quadruple system) will contribute to support this sector and facilitate citizens. The economic team also presented the measures taken by the government to activate the economic movement through the disbursement of tax refunds owed to citizens. To date, 37 million dinars have been disbursed in addition to disbursing amounts owed to contractors and medical centers related to medical treatments and medicines. The economic team also discussed the reality of the dairy industry in the Kingdom and the challenges facing the sector. 

The economic team decided to hold a meeting in the coming days with representatives of the sector to find solutions to these challenges and enhance the competitiveness of this sector, whether in the domestic market or export capacity. 

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