Major questions persist about Saudi ‘transformation’ plans

Issue 1044 - 22 Sep 2017 | 4 minute read

Away from the breathless tones of Saudi-boosters and investors looking to make a big killing around the Saudi Aramco listing, it is easy to let the debate swirling around Crown Prince Mohammed Bin Salman (MBS)’s ruthless rise to power detract from the potential benefits of his ambitious programme to reduce the kingdom’s dependency on oil and provide a more sustainable future for its young population. The Vision 2030 initiative’s National Transformation Plan (NTP) is, after all, the most ambitious reform initiative Saudi Arabia has launched in the modern era.

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