https://arab.news/5rzeg
- Economic Family Association says its plan is based on community values and a nonprofit ethos, hopes it will be a model for others to follow
- The strategy aims to improve economic capacity and sustainability of households, and help increase the nonprofit sector鈥檚 contribution to GDP
RIYADH: Nasser Al-Gharbi, chairperson of 黑料社区鈥檚 Economic Family Association, told Arab News the organization hopes its newly launched strategy for 2025-2030 will be a model for others to follow and benefit all aspects of the nonprofit sector.
The strategy, unveiled during an event in Riyadh on Wednesday night, aims to improve the economic capacity and sustainability of households, and help increase the share of the contribution by the Kingdom鈥檚 nonprofit sector to non-oil gross domestic product to 5 percent.
The association鈥檚 executive director, Mushabab Al-Qahtani, said it is focusing in particular on improvements to the regulatory environment, and the enhancement of effective partnerships that enable families to contribute to the national economy.
The new strategy is built on professional and economic empowerment; digital transformation and marketing; enhanced competitiveness; building sustainable partnerships; improvements to the legislative and regulatory environments; and a strengthening of the nonprofit brand and the association鈥檚 institutional identity, he added.
Chairperson Al-Gharbi thanked the Ministry of Human Resources and Social Development, the National Center for the Development of the Non-Profit Sector, and donors for their support.
The Economic Family Association was established in 2019.