The Minister of Investment Khalid Al-Falih has confirmed that Saudi Arabia has reached the halfway of implementing its ambitious Vision 2030. Al-Falih made the remarks while participating in the Financial Sector Conference, which is being held in Riyadh, while affirming that the Kingdom is on the right track to double the economic volume. "Saudi Arabia started in 2016, and at that time, the aim was to leap to be among the largest economies in the world, and after that the Kingdom"s GDP volume reached $1.7 trillion," he said. He pointed out that the programs to achieve the Vision 2030 focus on having a great diversification in the economy and investment, and that the economy to be completely different from what it was in 2016, which at that time focused only on oil. Saudi Arabia is continuing to grow in several sectors, such as the energy sector, which include oil, gas and renewable energy that would contribute to the growth of the economy and prosperity, and there will be so many great opportunities in every economic sector in the Kingdom. The financial sector is the lifeblood of any economy in the world, Al-Falih said, confirming that Saudi Arabia is one of the most attractive markets for investments, as it enjoys a balance between the risks and returns, in addition to having profitable opportunities. He said Saudi Arabia is rich in its mineral wealth, and that mineral wealth alone cannot achieve success, but it needs renewable energy.
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