Monday, 6 June 2016

Exclusive: Saudi reform plan approved by top economic council | Reuters

Exclusive: Saudi reform plan approved by top economic council | Reuters:

"Saudi Arabia's National Transformation Plan, a pivotal element of the "Vision 2030" reforms announced in April by Deputy Crown Prince Mohammed bin Salman, will be put before the cabinet for approval on Monday, a senior Saudi source told Reuters.

The plan is expected to flesh out sector-by-sector details of the implementation of Prince Mohammed's program, which is intended to restructure the kingdom's entire economy and make it less dependent on oil revenue.

"The Council of Economic and Development Affairs has approved the final draft of the National Transformation Plan, which is one of the plans adopted and part of the 2030 vision, which was launched and adopted by the Saudi deputy crown prince, president of CEDA," the source said."



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