Saudi Arabia's finance minister rules out total privatization of health sector

We will not privatize the health sector as a service provider completely until a clear picture emerges. However, some sections of the health sector such as radiology could be privatized: minister

  
Image used for illustrative purpose Saudi Minister of Finance Mohammed al-Jadaan gestures as he speaks during a news conference to announce the country's 2021 budget, in Riyadh, Saudi Arabia December 15, 2020.

Image used for illustrative purpose Saudi Minister of Finance Mohammed al-Jadaan gestures as he speaks during a news conference to announce the country's 2021 budget, in Riyadh, Saudi Arabia December 15, 2020.

REUTERS/Ahmed Yosri

RIYADH — Minister of Finance Muhammad Al-Jadaan on Thursday ruled out complete privatization of Saudi Arabia’s health sector.

Addressing the Financial Stability Symposium here, he said the updated executive plan for the privatization program includes around 160 privatization projects that will be launched in the next phase. “We will not privatize the health sector as a service provider completely until a clear picture emerges. However, some sections of the health sector such as radiology could be privatized,” he said.

Al-Jadaan said that the water and sewage sector has made great strides in privatization, and it will be expanded in the coming year.

“Privatization plans continue in other sectors, including education and logistics sectors. There will be a remarkable increase in the privatization of projects in these two sectors in the next phase,” he added.

 

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