Saudi Arabia Succeeds in Exceeding the Goals of "Vision 2030"

  • Riyadh, KSA
  • 16 May 2023
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A newly released economic report showed that Saudi Arabia has succeeded in achieving achievement rates that exceeded the goals in some areas of Vision 2030, as the "Vision 2030" announced by the Kingdom in 2016, is close to half the time available for its implementation.

According to the report, the areas included in the vision exceeded the targets set for it, including the increase in the female participation rate in the labor force to 36 percent, which is higher than the target rate of 30 percent in 2030. While economic diversification plans are beginning to bear fruit across various sectors, with the non-oil economy's share reaching 59 percent, and non-oil GDP increasing in 2022 by 15 percent in actual terms, and 28 percent in nominal terms compared to the baseline before the vision was set.

Source: (Asharq Al-Awsat Newspaper, Edited)

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