The Riyadh Economic Forum called at the conclusion of its fourth session to involve the private sector in building and formulating the jobs of the future, and to crystallize the demand in a special initiative. In its recommendations presented by the Chairman of the Board of Trustees of the Riyadh Economic Forum, Hamad Al-Shuwaier, in the closing statement, the Forum called for the adoption of an initiative to include the human resources development track in all programs of the Saudi Vision 2030 to meet the requirements and needs of future jobs, and the recommendations included the following studies:

The recommendations included the following studies:

4 new initiatives for the future of the economy

The study of future jobs in the Kingdom through 4 initiatives; the first initiative is the launch of the Future Jobs Foresight Committee in the Kingdom, which is administratively linked to the Council of Economic and Development Affairs; the second initiative is the development of education and training in the Kingdom to keep pace with the requirements of labor markets in the field of future jobs; the third initiative is the involvement of the private sector in building and formulating future jobs; and the fourth initiative is to include the human resources development track in all Vision 2030 programs to meet the requirements and needs of future jobs.

The recommendations included the study of future jobs in the Kingdom through 4 initiatives

Study of Public Finance Reforms

Study public financial reforms and their impact on economic development in the Kingdom, the first initiative of which is generalizing the application of program and performance budgeting, the second is measuring the efficiency of public spending, and the third is measuring the efficiency of public investment.

Study of public financial reforms and their impact on economic development in the Kingdom

Studying the impact of environmental issues and their impact on economic and social development in the Kingdom, and the first initiative to spread environmental awareness throughout the Kingdom. The first is spreading environmental awareness in all regions of the Kingdom, the second is the commitment of development sectors to environmental regulations and legislation The third initiative is to preserve depletable natural resources, and the fourth initiative is to encourage and oblige the private sector to preserve the environment and protect it from pollution in light of its growing contribution to economic development.

Study balanced development and encourage reverse migration

The study of balanced development in encouraging reverse migration and achieving sustainable and comprehensive development in the Kingdom's regions, the first initiative has a strategy for building and applying decentralization, the second is raising the efficiency of councils and agencies, the third initiative is activating the role of councils, reducing the administrative shadow and supporting decentralization, the fourth initiative is activating the role of universities in underdeveloped areas, the fifth initiative is activating the role of economic cities, the sixth initiative is developing the supply chain sector, the seventh initiative is developing charitable and developmental housing projects, the eighth initiative is developing health projects in underdeveloped areas, and the eighth initiative is developing health projects in underdeveloped areas.

Study the role of the non-profit sector in economic development

Studying the role of the non-profit sector in the Kingdom's socio-economic development, the first initiative is to improve the mental image of the third sector in society, the second initiative is to issue an integrated system for all aspects of the non-profit sector, the third initiative is to develop a unified system for endowments in the Kingdom, and the fourth initiative is to establish a scientific observatory for the non-profit sector.