Saudi Arabia is actively working to reduce its reliance on oil by advancing its Vision 2030 strategy, which aims to expand the economy, create jobs, and attract more foreign investment. However, a leading ratings agency predicts that the country will face a larger budget deficit this year due to declining oil prices.
Vision 2030 Strategy Faces Budget Deficit Challenge
Saudi Arabia confronts economic hurdles as oil prices impact Vision 2030 goals.

- Categories: Vision 2030
- Tags: budget deficitforeign investmentoil pricessaudi arabia economy
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