Deputy Crown Prince Mohammed bin Salman, overseeing Saudi Arabia's economy, has declared his plans for "Vision 2030", which includes women having a bigger economic role, the sale of state oil company Saudi Aramco, and a raise in the capital of the kingdom's public investment fund. The plan is to increase government spending on education by $900 billion over 10 years, according to an official statement released last week.
Deputy Crown Prince Mohammed bin Salman, overseeing Saudi Arabia's economy, has declared his plans for "Vision 2030", which includes women having a bigger economic role, the sale of state oil company Saudi Aramco, and a raise 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 investment power' with up to $3tn by decreasing their reliance on external markets and volatile commodity prices, moving away from oil dependence.