4 May 2108 In April 2016, Saudi Crown Prince (Deputy at the time) Mohammed bin Salman (MBS) announced his Saudi Arabia 2030 economic strategy. The ambitious plan has two major objectives. First of all, the collapse in oil prices after 2014 requires a major overhaul of Saudi fiscal policy to reduce the huge budget deficit. [...]
Tag: saudiarabia
Saudi Arabia: Vision 2030
12 September 2017 With the Aramco IPO widely anticipated, it is important to be familiar with the Saudia economic strategy. Likewise, with oil prices set to remain low, understanding the vision for reducing the nation's dependence on this commodity is crucial to future properity, as well as maintaining the currency peg. saudivision2030