Saudi prince unveils sweeping plans to end 'addiction' to oil
- 8 years ago
Saudi Prince Mohammed bin Salman unveiled ambitious plans to end the kingdom’s “addiction” to oil and transforming it into a global investment power His “Vision 2030” sees raising non-oil revenue to 600 billion riyals ($160 billion) by 2020 and 1 trillion riyals ($267 billion) by 2030 The plan includes restructuring its Public Investment Fund and changes that would alter social structure by pushing for women to have a bigger economic role and offering improved status to resident expatriates