To support the government in achieving the objectives laid out in Vision 2030, the Council of Economic Affairs and Development (CEAD) has formulated 12 Vision Realisation Programmes (VRPs). One of the most important of them, the Quality of Life Programme 2020, was launched in May 2018, giving Saudis an overview of the scale of social and...
As the world’s nations and businesses become increasingly interconnected, so too does the flow of global migration. According to the OECD’s “International Migration Outlook 2018”, in 2017 some 258m people resided in a country other than the one they were born in and more than 5m foreign-born persons settled in OECD countries. The flow of...
What are the aims of the Kingdom’s privatisation programme, and how can it assist in diversification?
Saudi Arabia’s budget for 2019 set a record-high expenditure level of SR1.11trn ($295.9bn), a rise of SR76bn ($20.3bn) over the previous year. The expansionary stance means the government is able to boost its current spending, which rose by 4% to SR860bn ($229.3bn), and thereby maintain its commitment to education, health care and social...
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