The the Ministry of Finance the implementation of the Financial Oversight System, issued by the Council of Ministers under No. (M/122) on 10/06/1447 AH, corresponding to December 1, 2025 AD, as part of efforts to develop the public finance oversight system and enhance its efficiency, in line with the objectives of the Kingdom’s Vision 2030. The system replaces the financial representatives system.

Concurrent with the system’s implementation, the Ministry issued its executive regulations, which define the implementation mechanisms and enable government agencies to adopt modern oversight methods commensurate with the nature and scale of their operations.

Key features of the financial oversight system:
It applies to entities funded by the general budget.
It applies to entities that receive support, grants, or subsidies from the state.
It applies to entities that carry out work or make purchases on behalf of a government agency.
It includes direct oversight, self-oversight, digital oversight, and report-based oversight.

The system is based on a combination of oversight methods, including direct oversight, self-oversight, digital oversight, and report oversight, tailored to the nature of the various entities" operations and aligned with global best practices in oversight.