Saturday 14 May 2016

The Saudi Reshuffle: five key reforms in Riyadh - FT.com

The Saudi Reshuffle: five key reforms in Riyadh - FT.com:

"The pushing aside of Saudi Arabia’s influential longstanding oil minister, Ali Naimi, has grabbed headlines around the world thanks to his position within global energy markets
But Mr Naimi’s retirement was part of a wider reshuffle that put in place the team handpicked by Mohammed bin Salman, deputy crown prince, to implement his ambitious reform programme, Vision 2030.
The plan aims to reorient the economy towards the private sector and away from statist dependence on oil revenues. The detailed road map for implementation of the Vision 2030, the National Transformation Programme, is scheduled for release within the next month. Replete with “ministerial dashboards” to track departmental achievements, the NTP will be entrusted to a trusted circle of technocrats."



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