His “Vision 2030” envisaged raising non-oil revenue to 600 billion riyals by 2020 and 1 trillion riyals by 2030 from 163.5 billion riyals last year. Deputy Crown Prince Mohammed bin Salman , overseeing Saudi Arabia 's economy , has declared his plans for " Vision 2020 " , which includes women having a bigger economic role , the sale of the oil company Saudi Arabia , and a presence in the capital of the kingdom 's public investment fund . These measures are to be implemented in an effort to transform the kingdom into a ' global economic power ' with up to $ 3tn by decreasing their reliance on external markets and volatile commodity prices , moving away from oil dependence .
Deputy Crown Prince Mohammed bin Salman , overseeing Saudi Arabia 's economy , has declared his plans for " Vision 2020 " , which includes women having a bigger economic role , the sale of the oil company Saudi Arabia , and a presence in the capital of the kingdom 's public investment fund . These measures are to be implemented in an effort to transform the kingdom into a ' global economic power ' with up to $ 3tn by decreasing their reliance on external markets and volatile commodity prices , moving away from oil dependence .