Annual Report 56Th-En.Pdf
ANNUALANNUAL REPORT REPORT1441H-2020 1441H-2020 Saudi Arabian Monetary Authority 56th Annual Report 1441H (2020) BOARD OF DIRECTORS SAMA 1.The Governor, Dr. Ahmed A. Alkholifey Chairman 2. The Vice Governor, Ayman M. Al-Sayari Vice Chairman 3. Mr. Hamad S. Al-Sayari 4. Mr. Abdulaziz M. Al-Athel 5. Mr. Khaled A. Al-Juffali 4 Ahmed A. AlKholifey It gives me pleasure to present, in the name of Governor and Chairman the Board of Directors, the 56th Annual Report of the Saudi Arabian Monetary Authority, which reviews the latest developments in the Saudi Ramadan 1441H economy during fiscal year 1440/41H (2019). May 2020 The Report covers developments in various areas of the domestic economy, including monetary developments, banking activity, capital market, prices, public finance, national accounts, foreign trade and balance of payments. It also provides an overview of the latest economic developments in various domestic productive sectors, apart from giving a full description of SAMA’s functions, such as setting and managing monetary policy and supervising banking, insurance and finance sectors. In addition, the Report includes the auditors’ report on SAMA’s balance sheet for fiscal year ended on June 30th, 2019. In addition to data issued by SAMA, the Report mainly relies on official data obtained from ministries, government departments and public entities, to which I would like to extend my sincere thanks for their cooperation in providing valuable information and data that enabled SAMA to prepare this Report. I also would like to thank all SAMA’s staff for their efforts in preparing this Report and in carrying out all functions entrusted to SAMA.
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