The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud—may God protect him—chaired the session held by the Council of Ministers this Tuesday afternoon at Al-Yamamah Palace in Riyadh.His Excellency Dr. Essam bin Saad bin Saeed reported that the Council of Ministers reviewed the items on the agenda of its session, and the Council reached the following conclusions:
After reviewing the report submitted by His Excellency the Minister of Housing, and after considering Shura Council Resolution No. (43/10) dated 22/4/1439 AH, the Council of Ministers decided to approve a Memorandum of Understanding for cooperation in the field of housing between the Ministry of Housing of the Kingdom of Saudi Arabia and the Ministry of Public Works and Housing of the Hashemite Kingdom of Jordan, signed in Amman on 28/6/1438 AH.
The Council of Ministers decides to form a ministerial committee to establish the foundations, controls, requirements, and mechanisms for the Ministry of Finance to compensate entities that have entered into contracts
After reviewing the request from the National Committee of Contractors at the Council of Saudi Chambers to exempt existing government projects or those whose terms were established prior to the issuance of Cabinet Decision No. (197) dated 23/3/1438 AH, regarding the imposition of monthly fees on expatriate workers, and after reviewing the two recommendations prepared by the Council of Economic and Development Affairs No. (55-20/38/D) dated 2/9/1438 AH, and No. (3-5/39/ D) dated 13/1/1439 AH, the Council of Ministers decided to form a committee within the Ministry of Finance, whose membership shall include representatives from the Ministry of Commerce and Investment and the Ministry of Labor and Social Development, and which shall be empowered to seek the views of the Saudi Contractors Authority and the Council of Saudi Chambers, to establish the principles, controls, requirements, and mechanisms for the Ministry of Finance to compensate entities that entered into contracts with the State prior to March 23, 1438 AH, as well as entities that submitted bids for projects whose bidding documents were issued prior to that date and were subsequently awarded contracts, and with which contracts were subsequently concluded without adjusting the costs resulting from the implementation of Cabinet Decision No. (197) dated 23/3/1438 AH, in accordance with the details set forth in the decision.
