"And when I have been up in a plane with FSDP
I've had a smile from ear to ear.
Emerging from the FSDP
, the Government of Vietnam identified two new potential projects: (a) Forestry Restructuring and Sustainable Development; and (b) Rehabilitation and Development of Coastal Forests to Strengthen Adaptive Capacity to Climate Change.
We have called this apparent asymmetry in sensitivity to flicker the field scan direction phenomenon (FSDP
In cooperation with the Capital Markets Authority, Tadawul is working on further facilitating the procedures of merger and acquisitions, in alignment with the Financial Sector Development Program (FSDP
) of the Kingdom's Vision 2030.
The conference, which is held under the theme "Promising Financial Horizons", is organized by the partners of the Financial Sector Development Program (FSDP
) (one of the Saudi Vision 2030 programs), represented by the Ministry of Finance, the Saudi Arabian Monetary Authority (SAMA), the Capital Market Authority (CMA) with the participation of decision makers in the financial sector and senior executives of financial institutions locally, regionally and internationally.
In line with the objectives of the Saudi Financial Sector Development Program (FSDP
) to achieve digital transformation in the payments sector, and raise non-cash transactions from 18 percent to 28 percent by 2020 and to 70 percent by 2030, the Saudi Arabian Monetary Authority (SAMA) is developing advanced electronic payment systems and accelerating digital financial transactions among banks and its customers in secured and safe digital environments.
Mohammed Al Kuwaiz, Chairman of the CMA said: "Enhancing the effectiveness of debt instruments is key to achieving CMA's strategy for advancing the capital market in line with the FSDP
and Vision 2030".
The event will not only raise awareness about the FSDP
initiatives and how they fit within Vision 2030's objectives, but also facilitate the exchange of experiences and information, discuss challenges and best financial sector development practices, showcase investment opportunities, stimulate competition, uplift the attractiveness of the Saudi financial sector, and enhance the Kingdom's position as the Middle East's largest financial market.
The Saudi Arabian Monetary Authority (SAMA) is promoting financial inclusion in the Kingdom, which is one of the main goals of the Financial Sector Development Program (FSDP