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Saudi Vision 2030

Coverage of Saudi Vision 2030 in the Nexus archive.

Earliest in view: Jun 10 · 08:12 UTCMost recent: Jun 10 · 08:12 UTC
Co-mentioned in this coverage
Public Investment Fundorganization1Neomplace1IMForganization1Mohammed Al-Jadaanperson1
Recent coverage
  • BUSINESSJun 10 · 08:12 UTCFORTUNE
    Saudi economy redraws ambitions—‘going local’ is the new buzz phrase

    The IMF revised Saudi Arabia's 2024 GDP forecast down to 2% due to fiscal pressures, while the Public Investment Fund (PIF) is replacing foreign CEOs with local hires and scaling back high-profile projects like Neom. Saudi officials confirmed a strategic shift toward domestic spending and cost-cutting, including terminating long-term contracts for Neom, amid projected deficits exceeding $44 billion by 2026.