Saudi Human Resources Ministry Signs MoU with Saudi Central Bank to Localize Sectors Supervised by the Bank

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Saudi Ministry of Human Resources and Social Development has signed a joint memorandum of understanding (MoU) with the Saudi Central Bank and the Human Resources Development Fund (HRDF).

The memorandum aims to achieve cooperation between the three parties, to ensure consistency of the work of the Ministry and the Saudi Central Bank to localize all sectors supervised by the Saudi Central Bank, raise the level of employees of these sectors, and coordinate with regard to localization and training in the sectors supervised by the Central Bank.

The agreement comes within the Ministry’s plans to build complementary relations and strategic partnerships with various sectors, to achieve the goals of the National Transformation Program and Saudi Vision 2030.