​Macro Fiscal Policy Unit, MFPU, has been established based on a royal decree on 6/6/2016. MFPU is a strategic advisory unit and reports directly to the Minister of Finance on the international and national economic trends and economic and fiscal policies. One of its main tasks is to develop the macro fiscal policy of the country in order to achieve the economic and development objectives. As part of the 2030 Vision, the Council of Economic and Development Affairs has agreed on the importance of establishing this unit to keep up with the best international practices. The unit was established to manage and develop the macro fiscal policy of the country through developing a Medium-Term Fiscal Framework, MTFF, that consists of economic and quantitative models that link, which will be done through a cooperation with the IMF and the World Bank.