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Evaluating Saudi Arabia’s Vision 2030 at the five-year mark

Evaluating Saudi Arabia’s Vision 2030 at the five-year mark

Crown Prince Mohammed bin Salman observed that Vision 2030 is an ambitious yet achievable blueprint that expresses Saudi Arabia’s long-term goals and expectations. (AFP)

Following the collapse of oil prices in mid-2014 and growing pressure to balance the fiscal budget, the Saudi leadership, headed by King Salman and Crown Prince Mohammed bin Salman, launched Saudi Vision 2030.

Vision 2030 aimed to reduce Saudi Arabia’s dependence on oil revenue, transform and diversify the economy, and improve public sector services. Other goals included enhancing the quality of life of the country’s citizens, increasing employment, and improving health, education,…

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