Saudi Ministry of Finance Joins 16th UN Anti-Corruption Session
During the session, the Ministry reaffirmed the Kingdom of Saudi Arabia's strong commitment to fostering integrity and fair competition in public procurement, as well as to deploying robust mechanisms to combat, detect, and prevent corruption. Central to these efforts is the implementation of key legal and institutional reforms, including the launch of the government procurement e-portal, Etimad.
UN Anti-Corruption Session
Etimad serves as a centralized platform through which all public tendering and procurement processes are conducted. By mandating digital procedures, the platform ensures transparency, procedural integrity, and data confidentiality. It also enables stakeholders and the public to access comprehensive information on tenders, contracts, and related activities. Each government entity maintains a dedicated record, enhancing oversight and compliance with relevant regulations.
The Saudi delegation also showcased the Kingdom's initiative to standardize technical systems across government bodies through the Unified Government Resources Planning System, which documents procurement activities from their initial stages—prior to public announcement—through completion. This promotes seamless integration and greater accountability.
Further emphasizing its commitment to innovation in oversight, the Kingdom introduced Raqeeb, an advanced system that leverages artificial intelligence and data analytics to detect fraud and irregularities throughout the procurement process. Raqeeb is designed to identify practices such as bid rigging, collusion, price manipulation, favoritism, and the use of fictitious entities. It enables dynamic monitoring and swift intervention while maintaining the highest standards of data protection.
The Ministry's participation in these international meetings reflects Saudi Arabia's active role in global anti-corruption efforts and its dedication to exchanging knowledge and best practices in alignment with the UN Convention. This engagement also supports the broader objectives of Saudi Vision 2030, which prioritizes good governance, transparency, accountability, and anti-corruption as key pillars of national transformation.
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