HRH Crown Prince Reviews Achievements of the Kingdom’s Vision 2030 Over the Past Five Years Riyadh 3

  • 2/5/2023
  • 04:44
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Regarding the guarantees to implement the vision and its ambitious targets, he said that we are about to break the vision's targeted figures compared to those before the vision. For instance, the vision forecast for housing was 62% but we did reach 60% by 2020 and we are going to hit the 62% by 2025, adding that this means that the vision's goal has jumped from 62% to 70% in terms of the number of population who own houses. HRH Crown Prince Crown Prince pointed out that the Public Investments Fund has projected to have a size worth SR7 trillion by 2030 but, according to today's statistics, it will be SR4 trillion in 2025. Accordingly, we are going to amend the target to become SR10 million by 2030, the Crown Prince said, adding that all the numbers thought to be large and unachievable were broken by the year 2020 with most of the remaining goals will follow, meaning that we are going to make greater breakthroughs by 2030. The return to enforce the State's center was the greatest challenge facing us in 2015 when King Salman assumed office, HRH Crown Prince said, adding that although there are ministries, institutions and statute for governance, which is set to show the impact of authorities and their roles, you would find, when it comes to the executive apparatus, that they are lacking the link with the center of the State. For instance, we noted that the central government was not assigned to put the strategies, policies and public budget. Instead, the budget was prepared by competent ministries separately. Following our talk on the issue of housing, let us say that we have SR250 billion appropriated for housing but actually we cannot use it as we lack empty lands for building, he said, citing problems with the policies of municipalities, particularly that they are not compatible with the policies of housing as there is need to create a system relating to real estate mortgage, borrowing, banking loans and central bank's legislations to make this matter applicable. Therefore, without a strong government center that puts policies and strategies matching with all government authorities, particularly giving each ministry its a prescribed applicable role, you will gain nothing, the Crown Prince stated. Citing the housing example, the Crown Prince said that, following enforcing the role of the central government and cutting 70% of this march and translating it to reality, we were able to achieve 60% of the rate of housing. In this regard, he recalled that the year 2015 was very tough, as 80% of the ministers were not skilled and don't deserve to be appointed as officers in a tiny company affiliating to the Public Investment Fund. Moreover, the ministries were semi-lacking efficient senior officials, including deputies, undersecretaries and team leaders, HRH Crown Prince went on to say. He added that ''to a great extent, the second top line of officers are just managing day-to-day routine affairs and measures which are not based on strategic or planning works to achieve any of the future targets or objectives'. At that time, there was no real royal court, cabinet or decision-makers, he said, adding that before you achieve anything, you need to create a team that builds the machine which helps you turn opportunities and aspirations of the Saudi people into realities. --More 20:26 LOCAL TIME 17:26 GMT 0028 www.spa.gov.sa/w1550472

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