Article 25 of the Saudi Central Bank Law

This article regulates the Central Bank's annual report:

• To whom is it submitted? To the King.
• For what period? For the past fiscal year.
• What does it include?
  • The latest financial and economic developments in the Kingdom.
  • The report of the Bank's external auditors.
• A copy to the Minister of Finance: he is given a copy of it.
• Publication: a copy of the report is published at an appropriate time and by appropriate means.

The article does not set a date for submitting the report or publishing it, or the means of publication; the phrase "at an appropriate time and by appropriate means" leaves that to discretion. But it makes publication itself mandatory.

The report matters to the public because, once published, it makes available the financial and economic developments in the Kingdom as the Bank presents them, and the report of its external auditors.

This article comes after Article 24, which prohibits interference in any way in the Bank's business or policies, or imposing oversight on it, or auditing its accounts and contracts; the annual report presents to the King the report of the Bank's external auditors. It is followed by Article 26, which provides that the Law replaces the Saudi Arabian Monetary Agency Law issued by Royal Decree No. 23 dated 23/5/1377 AH, and repeals everything that conflicts with it.