Wednesday, March 22, 2023

These are the cornerstones of the Saudi «Vision 2030»

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The economic pace in the Middle East and worldwide is increasingly being set in the Saudi capital Riyadh.


Jean Claude RaemyEditor Economics

The corona pandemic has had a lasting impact on the economy of almost all countries. In the last three years, however, one country has made a name for itself with massive investments and an ambitious vision for the future: Saudi Arabia.

This future strategy, formulated in 2016, is called “Vision 2030”. Their basic goal is to lead the country out of its dependence on oil and gas. As long as the money is still flowing in this sector, it will be invested in the country’s transformation. This change encompasses both the increasingly diversified economy and Saudi society as a whole.

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