Crown Prince says Saudi Arabia to exceed Vision 2030 targets by 2025-end, ahead of 2030

27/04/2021 Argaam

Crown Prince Mohammed bin Salman

Crown Prince Mohammed bin Salman said Saudi Arabia will exceed Vision 2030 targets by the end of 2025, much ahead of the scheduled timeframe of 2030.  

 

There are many opportunities in various sectors other than oil, such as tourism, mining, services and investments. 

 

The Kingdom’s economy depends on oil, but this sector faces challenges.  

 

A lot of achievements were made, of which the most important were housing and unemployment rate.  

 

The achievements included raising home ownership percentage to 60% from 47% in four years.

  

Unemployment was 14% at the launch of Vision 2030. Saudi Arabia aims to slash it to 11% this year and to 7% by 2030.

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