Saudi Crown Prince Reveals Ambitious Goals for Saudi Arabia’s Economy in Vision 2030

2023-09-20 22:08:00

Part of the Saudi Crown Prince’s interview with the American Fox News Channel

Saudi Arabia’s economy urgent:

He said that new targets have been set with greater ambition for Vision 2030

Dubai – Al Arabiya.net

Published on: September 21, 2023: 02:08 AM GST Last updated: September 21, 2023: 03:07 AM GST

Saudi Crown Prince Mohammed bin Salman confirmed that the Saudi non-oil economy this year will be one of the fastest in the G20.

He added in an interview with the American Fox News channel that the Saudi economy is number 17 in the world and we can return to the list of 7.

He said, “In 2022, we were the fastest growing G20 country. Our goal is to bring Saudi Arabia to the better and turn challenges into opportunities.”

He pointed out that Saudi Arabia’s investment in tourism increased its contribution to the gross domestic product from 3% to 7%.

The Saudi Crown Prince confirmed that new targets have been set with greater ambition for Vision 2030.

The Crown Prince pointed out, “There is work being done to accomplish some things, which we look forward to completing in the first half of 2024, and after that we must move on to implementing and preparing for Vision 2040, and announcing it in the year 2027 or 2028. This is the main matter that we focus on.” on him”.

He said, “In order to achieve our goals in the Kingdom, the region must be stable, and we look forward to the region and all its countries enjoying security and stability in order to advance economically.”

“I focus my time on pursuing what serves the interests of Saudi Arabia and its people.”

Regarding Saudi Arabia’s oil policy, the Saudi Crown Prince said: “Our oil policy is governed by supply and demand and we are committed to the stability of oil markets. OPEC+ decisions do not support one party at the expense of the other.”

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Regarding the economic corridor announced by the Crown Prince during the G20 summit in India recently, Prince Mohammed bin Salman said that the corridor, which will connect the Middle East with Europe, will save time and money.

The Saudi Crown Prince confirmed that the BRICS group of countries is not against America, as evidenced by the presence of Washington’s allies within it, and that BRICS is not a political alliance, indicating that he is in constant contact with the Chinese President.

He said, “No one wants to see China weak. If China collapses, all countries in the world are at risk of collapse, including America.”

The Saudi Crown Prince explained: “I tell those who are hesitant about visiting the Kingdom that Saudi Arabia is the greatest success story of the 21st century.”

“Our pace of progress will continue at a higher speed and will not stop or calm down for a single day,” according to the Saudi Crown Prince.

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