Saudi Arabia Faces Its Future in Vision 2030 Reform Plan

In April 2016 the Saudi cabinet endorsed a sweeping set of programmes and reforms to be implemented by 2030.

Low oil prices and a new generation of leadership could help push through the economic reforms needed in the post-oil age. A new social contract will have to follow.

Background

Saudi Vision 2030 is a plan to reduce Saudi Arabia's dependence on oil, diversify its economy, and develop public service sectors such as health, education, infrastructure, recreation and tourism.

• Primary Source

Al Arabiya News, 26.04.16: Full text of Saudi Arabia’s Vision 2030 http://english.alarabiya.net/en/perspective/features/2016/04/26/Full-text-of-Saudi-Arabia-s-Vision-2030.html

CAPX, 26.04.16: Good news from Saudi Arabia. Possibly http://capx.co/good-news-from-saudi-arabia-possibly/

Chatham House: Expert Comment, 31.07.18: Saudi Arabia Is in a Double Bind on Oil Prices https://www.chathamhouse.org/expert/comment/saudi-arabia-double-bind-oil-prices

Saudi Vision 2030 http://vision2030.gov.sa/en

Wikipedia: Saudi Vision 2030 https://en.wikipedia.org/wiki/Saudi_Vision_2030

Chatham House: Research Paper, July 2017: Vision 2030 and Saudi Arabia’s Social Contract Austerity and Transformation https://www.chathamhouse.org/sites/default/files/publications/research/2017-07-20-vision-2030-saudi-kinninmont.pdf

Stratfor: Worldview, 02.05.18: Two Years in, Saudi Arabia's Vision 2030 Is No Bed of Roses https://worldview.stratfor.com/article/two-years-saudi-arabias-vision-2030-no-bed-roses

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