The Istitlaa Public Consultation Platform has presented 25 projects concerning development and economic affairs. These projects are offered in cooperation with 19 government agencies.
According to SPA, the Saudi Competitiveness and Business Center (SCBC) is inviting the private sector, government agencies, and the general public to provide feedback on these projects prior to their approval.
Among the initiatives is the “Implementing Regulations of the Law on the Management of Seized and Confiscated Funds in Money Laundering Crimes, Related Predicate Offenses, and Terrorist Financing Crimes,” launched by the General Commission for the Guardianship of Trust Funds for Minors and Their Counterparts. This project defines procedures for managing, safeguarding, and receiving funds to increase efficiency and transparency. Feedback for this specific project is open until August 27, 2026.
The Ministry of Environment, Water and Agriculture introduced the “Updated Executive Regulation for Protecting Water Environments from Pollution,” which aligns with Cabinet Resolution No. (406) regarding the General Organization for the Conservation of Coral Reefs and Sea Turtles in the Red Sea. Feedback is open until August 28, 2026.
Additionally, the Communications, Space and Technology Commission proposed “Updates to Retail Telecom Service Tariff Regulations” to improve access to advanced services and strengthen sector competitiveness. Feedback for this project is also open until August 28, 2026.
What is the purpose of the Istitlaa platform’s current projects? The Istitlaa Public Consultation Platform, managed by the Saudi Competitiveness and Business Center (SCBC), has put forward 25 projects related to development and economic affairs. In cooperation with 19 government agencies, the platform invites the private sector, government agencies, and the general public to share their feedback on these projects before they receive final approval.
What are the details of the project regarding seized and confiscated funds? Launched by the General Commission for the Guardianship of Trust Funds for Minors and Their Counterparts, this project focuses on the Implementing Regulations of the Law on the Management of Seized and Confiscated Funds in Money Laundering Crimes, Related Predicate Offenses, and Terrorist Financing Crimes. It aims to define procedures for receiving, managing, and safeguarding funds while enhancing transparency, with feedback open until August 27, 2026.
Which other government agencies have launched projects on the platform? The Ministry of Environment, Water and Agriculture launched the “Updated Executive Regulation for Protecting Water Environments from Pollution,” which aligns with Cabinet Resolution No. (406) regarding the General Organization for the Conservation of Coral Reefs and Sea Turtles in the Red Sea. Additionally, the Communications, Space and Technology Commission proposed “Updates to Retail Telecom Service Tariff Regulations” to enhance service access and sector competitiveness.