King Salman approves ‘Vision 2030’ reform plan

25/04/2016 Argaam

King Salman and Saudi Arabia’s cabinet approved on Monday “Saudi Vision 2030” to prepare the kingdom for a post-oil economy.

 

The program was submitted by the Council of Economic and Development Affairs, which is headed by Deputy Crown Prince Mohammed bin Salman, who is also the country's defense minister.

 

The King said the council will develop the mechanisms needed to implement the new plan, which is aimed at and diversifying the country’s income sources, making government spending more efficient, and strengthening the economy in a low oil price environment.

 

Prince Salman will sit down with Al Arabiya Television to discuss Vision 2030 in detail later on today.

 

Saudi Vision 2030

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