Saudi Arabia releases 2024 Vision 2030 progress report

Reuters

Saudi Arabia on Friday unveiled its annual report highlighting the Kingdom’s advancements toward achieving the ambitious goals of Vision 2030 during the year 2024.

Launched in 2016 by Crown Prince Mohammed bin Salman, Vision 2030 aims to reduce Saudi Arabia’s dependence on oil, diversify its economy, and enhance sectors such as health, education, infrastructure, recreation, and tourism.

The initiative is structured around three strategic pillars: A Vibrant Society, promoting culture, wellness, and quality of life; A Thriving Economy, focused on economic diversification, private sector empowerment, and job creation; and An Ambitious Nation, dedicated to building an efficient, transparent government and fostering civic engagement.

Key reforms under Vision 2030 include the privatization of select government sectors, expanding women's participation in the workforce, welcoming international tourism, and launching cultural and entertainment initiatives.

“We thank God for the achievements our country has made in less than a decade, making it a global model for transformation at all levels," King Salman bin Abdulaziz said in a statement. "While we are proud of the contributions of our nation’s people, we will continue together on the path of construction to achieve more sustainable development for future generations."

Crown Prince Mohammed bin Salman added: “As we enter the ninth year of the Kingdom’s Vision 2030, we are proud of the achievements of our nation’s sons and daughters. They have proven that challenges do not stand in the way of their ambitions. We have achieved our targets and exceeded some of them. We will continue to move steadily toward our 2030 goals, renewing our resolve to redouble efforts, accelerate implementation, and strengthen the Kingdom’s global standing.”

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