رؤية السعودية 2030 | |
Development program overview | |
---|---|
Formed | 25 January 2016 |
Type | Development program |
Jurisdiction | Government of Saudi Arabia |
Motto | Saudi Arabia, the heart of the Arab and Islamic worlds, the investment powerhouse, and the hub connecting three continents |
Minister responsible | |
Key document | |
Website | vision2030.gov.sa |
Member State of the Arab League |
Basic Law |
Saudi Arabia portal |
Saudi Vision 2030 (Arabic: رؤية السعودية ٢٠٣٠ ruʾyat al-suʿūdiyah alfayn thalāthūn, sometimes called Project 2030) is a government program launched by Saudi Arabia which aims to achieve the goal of increased diversification economically, socially and culturally, in line with the vision of Saudi Crown Prince and Prime Minister Mohammed bin Salman. It was first announced on 25 April 2016 by the Saudi government.[1]
The Council of Ministers has tasked the Council of Economic and Development Affairs (CEDA) with identifying and monitoring the mechanisms and measures crucial for the implementation of "Saudi Arabia's Vision 2030".[2]
Despite efforts to reduce Saudi dependence on oil, as of 2022[update], Saudi Arabia remains heavily dependent on oil revenue, as measured by its contribution to gross domestic product (GDP), fiscal revenue and exports.[3] Oil accounted for approximately 40% of Saudi GDP and 75% of its fiscal revenue.[3]
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: CS1 maint: DOI inactive as of November 2024 (link)