Saudi: Crown Prince’s new 5-year strategy for Kingdom’s economy

Saudi: Crown Prince’s new 5-year strategy for Kingdom’s economy

Saudi's Crown Prince Mohammed bin Salman on Sunday launched a new five-year strategy for the Kingdom's sovereign wealth fund toward achieving its Vision 2030 goal to diversify the economy away from its dependence on oil. The Public Investment Fund (PIF) will pump at least $40 billion a year into the local economy, double its assets, “¦

The post Saudi: Crown Prince's new 5-year strategy for Kingdom's economy appeared first on Gulf Insider.Saudi's Crown Prince Mohammed bin Salman on Sunday launched a new five-year strategy for the Kingdom's sovereign wealth fund toward achieving its Vision 2030 goal to diversify the economy away from its dependence on oil. The Public Investment Fund (PIF) will pump at least $40 billion a year into the local economy, double its assets, “¦

The post Saudi: Crown Prince's new 5-year strategy for Kingdom's economy appeared first on Gulf Insider.