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Friday, Dec 27, 2024

Saudi Arabia to Continue Economic Diversification Beyond 2030

Saudi Arabia to Continue Economic Diversification Beyond 2030

Saudi Arabia will continue its economic diversification beyond 2030, as it takes its reform and diversification efforts seriously.
The Minister of Finance, Mohammed Al-Jadaan, emphasized the importance of involving the private sector in this journey towards sustainable growth and development.

Saudi Arabia is on track to achieve a growth rate of 5.8% this year and has already achieved a growth rate of 5.4% last year.

The employment rate in the private sector and the employment rate of women have also increased to 6%.

The Gulf region is a promising region with a unique strategic location and the ability to achieve its investment ambitions.
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