Saudi Arabia launched four incentive packages to further boost its economic growth next year, Mohammed Al Tuwaijri, the Kingdom’s Minister of Economy and Planning, said during the Financial Stability Forum 2018. “The new packages unveiled to stimulate the private sector included financial and legislative measures. Development funds will be also established to enhance the private sector investments in new industries,” Al Tuwaijri added. The social security package, which includes the Citizen’s Account and lower-income bracket subsidies, was also unveiled by the government.