2005 News Story

Royal order re-formulates Supreme Economic Council

A royal order was issued here today amending Article IV of the regulations of the Supreme Economic Council (SEC) and re-formulating its membership with Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz as Chairman and Deputy Prime Minister, Minister of Defense and Aviation and Inspector-General Crown Prince Sultan bin Abdulaziz as Deputy Chairman. Ex officio members are the ministers of labor; commerce and industry; petroleum and mineral resources; finance; economy and planning; and water and electricity; and the Governor of the Saudi Arabian Monetary Agency. Other members are the ministers of state and cabinet members Dr Abdulaziz bin Abdullah Al-Khuweiter, Dr Muttlab bin Abdullah Al-Nafissa, and Abdullah bin Ahmed bin Yosef Zainal.