Ministry of Economy and Planning (Saudi Arabia)

Ministry of Economy and Planning

Faisal F. Alibrahim, the current Minister of Economy and Planning since 2021
Ministerial Department overview
Formed2003; 21 years ago (2003)
Preceding agencies
  • Central Planning Organization
  • Ministry of Economy and Planning
JurisdictionGovernment of Saudi Arabia
HeadquartersRiyadh
Minister responsible
WebsiteOfficial 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.