#Thread:
The importance of #SaudiArabia’s launch of the #Riyadh_Initiative cannot be understated.
Ever since the announcement of #Vision2030, #KSA has embarked on a relentless path towards rooting out any impediment to #economic prosperity & #transparency, esp #corruption.
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The importance of #SaudiArabia’s launch of the #Riyadh_Initiative cannot be understated.
Ever since the announcement of #Vision2030, #KSA has embarked on a relentless path towards rooting out any impediment to #economic prosperity & #transparency, esp #corruption.
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Developed in partnership with #G20 countries and organizations such as the @FATFNews, the @WorldBank, and the @IMFNews, the main objective of the #Riyadh_Initiative is to combat #corruption at the cross-border level.
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To quote H.E. Mazin Al-Kahmous, president of @nazaha_en, the #Riyadh_Initiative is meant to address the fact that “many countries are still not able to access anti- #corruption networks whether due to decentralized processes or lack of capacity & #resources”.
#GlobENetwork
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#GlobENetwork
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SG of the @UN🇺🇳 @AntonioGuterres thanked the Kingdom🇸🇦 for launching the Global Operational Network of Anti-Corruption Law Enforcement Authorities ( #GlobENetwork ) at the @g20org last year, calling on all governments to "make full use of the network to eradicate #corruption."
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#SaudiArabia’s commitment to #transparency & ease of doing #business is already bearing fruit well before the #Riyadh_Initiative, as it jumped 30 places in the @WorldBank’s Ease of Doing #Business 2020 Index, & the Kingdom is just getting started.
#GlobENetwork #KSA #WorldBank
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#GlobENetwork #KSA #WorldBank
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The attraction of foreign investments and businesses in a volatile, post- #COVID19 global #economy is no small feat,which is why #SaudiArabia is taking strident steps to ensure that there are mechanisms in place to prevent any instance of corruption no matter how big or small.
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With the combined efforts of @nazaha_en and the Kingdom’s thriving public and private sector, this means that #SaudiArabia is well on its way to setting a world-class standard of conducting local and international business.
#GlobENetwork
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#GlobENetwork
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This standard will be based on #CrownPrince #MohammedBinSalman’s #Vision2030, which is founded upon the pillars of transparency, integrity & a #corruption-free environment that seeks to build a mutually prosperous #business climate for the global community🌍
#GlobENetwork #MBS
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#GlobENetwork #MBS
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In a nutshell, #Riyadh🇸🇦 as of now is considered the global capital of the efforts to combate #corruption under the #UN umbrella🇺🇳🌍.
#Riyadh_Initiative #GlobENetwork #SaudiArabia #MohammedBinSalman #MBS #KSA #Business #economy #UnitedNations
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#Riyadh_Initiative #GlobENetwork #SaudiArabia #MohammedBinSalman #MBS #KSA #Business #economy #UnitedNations
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