The Saudi Ministry of Health aspires to increase the private sector’s participation in the sector from to 35 percent by 2030 from 25 percent.
The ministry is working with partners in the private sector and across government to implement a package of initiatives for privatization projects in the health sector in several regions in the Kingdom, with an initial investment volume exceeding 7.3 billion USD.
Privatizing the sector will have a good effect on raising the level of competition and reducing costs on the state when privatizing, especially if compulsory insurance is applied to citizens.
To know more, read the full news article originally published in Arab News.
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