Saudi Arabia: A report card on Vision 2030
- Since its launch in April 2016, Vision 2030 has had a mixed record of achieving its ambitious goals. Crown Prince Mohammad bin Salman (MBS) has been able to launch some aspects of the agenda, such as cultural and social reforms, with dizzying spread and little resistance.
- There have been some successes with governance reforms and in improving fiscal balances. But they have not come without challenges.
- But other initiatives, including the partial privatisation of Saudi Aramco, have suffered delays. Foreign investment in the Vision’s industrial and real estate projects has also fallen below targets.
Florence Eid-Oakden, Ph.D, Chief Economist
Charlene Rahall, Analyst
The Country Views series shines the spotlight on specific developments in MENA countries, analysing them from a local perspective to deliver forward looking views for businesses and investors.
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