FINANCIAL NEWS

Saudi’s Vision 2030 to enhance digital economy

30 Jul 2016

(MENAFN) Saudi Arabia embarked on National Transformation Program 2020 and Vision 2030, to foster a digital culture and shifting more to digital economy.

With a digital economy, more jobs can be made for the young pouplation, more trade can be facilitated via efficient and effective processes.

In addition, Vision 2030 and NTP 2020 will allow the kingdom to reduce its relaince on oil, spread its economy and enhance its local and global position.

The government aims to enhance non-oil revenues from almost USD42.64bn in 2015 to USD159.93bn by 2020 and USD0.26tr in 2030.

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