Saudi Arabia’s Vision 2030 reform programme has resulted in major societal and cultural changes, but many of the economic reforms are currently not on track to hit their targets. That is not to say Vision 2030 should be dubbed a failure. But officials will need to adjust their priorities to ensure that resources are allocated more effectively if the Kingdom is to reduce its dependence on oil and sustain its high income level in the coming decades.
Note: We will be hosting a Drop-in discussing the key takeaways from this Focus on Thursday 10th October. Register here for the 20-minute briefing.
In view of wider interest we are also sending this Middle East & North Africa Economics Focus to clients of our Long Run Economics service.
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