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Diplomatic World_nummer 56 - NEW2

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INTERVIEW WITH HIS EXCELLENCY THE AMBASSADOR<br />

ABDULRAHMAN BIN SULEIMAN AL AHMED,<br />

AMBASSADOR OF THE CUSTODIAN OF THE TWO<br />

HOLY MOSQUES TO THE KINGDOM OF BELGIUM AND<br />

THE GRAND DUCHY OF LUXEMBOURG<br />

KINGDOM OF SAUDI ARABIA’S<br />

VISION 2030<br />

Any developed economy that wants to remain<br />

dynamic and vibrant must be flexible and innovative<br />

to adapt to the ever-changing conditions of the<br />

global economy. Vision 2030 is Saudi Arabia’s<br />

ambitious agenda, which will diversify and<br />

restructure the Kingdom’s economy, improve the<br />

governance of Saudi resources, and improve quality<br />

of life for all Saudi citizens. This socio-economic<br />

roadmap, master-minded by the Deputy Crown<br />

Prince Mohammed bin Salman Al Saud and<br />

approved by the Saudi government and King Salman<br />

bin Abdulaziz, is already under implementation.<br />

In April 2016, the Saudi Cabinet, led by Custodian of the<br />

Two Holy Mosques King Salman bin Abdulaziz, approved<br />

the country’s Vision 2030, an economic roadmap which will<br />

end the Kingdom’s dependence on oil revenue.<br />

The historic vision was developed by the Council of<br />

Economic and Development Affairs, which is chaired by<br />

Deputy Crown Prince Mohammed bin Salman. It includes<br />

a number of goals and reform strategies for the Kingdom’s<br />

long-term economic success, including reductions in<br />

subsidies, the creation of a sovereign wealth fund, opening<br />

4

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