PIF Governor: Through our new strategy, we continue our commitment to support national development to achieve Kingdom’s Vision 2030 goals 2 Riyadh

  • Date: 27-Jan-2021
  • Source: Saudi Press Agency
  • Sector:Economy
  • Country:Saudi Arabia
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PIF Governor: Through our new strategy, we continue our commitment to support national development to achieve Kingdom’s Vision 2030 goals 2 Riyadh

Riyadh, January 26, 2021, SPA -- The Governor of the Public Investment Fund (PIF), Yasir bin Othman Al-Rumayyan, made a presentation today on the size of the remarkable growth and development of the Public Investment Fund, which has become a major engine in achieving the Kingdom's Vision 2030 and a catalyst for diversifying the local economy's resources away from oil.

This came during the periodic government communication press briefing held by PIF Governor, after the Board of Directors of the Public Investment Fund approved, Under the Chairmanship of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister and Chairman of the Council of Economic Affairs and Development, the Fund's five-year strategy.

PIF Governor discussed the most prominent achievements of the Public Investment Fund during the past four years, the importance of the impact on the local economy, the features of the Fund's strategy for the next five years 2021-2025 and the future goals of the fund.

The Governor said: "The Public Investment Fund chaired by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, the Crown Prince, renews commitment to continue working to support development and economic diversification efforts in the Kingdom