According to Arab Finance Minister Mohammad Al-Jadan, the Saudi government has identified 160 projects in 16 over the next five years, hoping to secure $ 38 billion through the sale of assets, 16 billion and a half billion dollars through public and private partnerships. / p>
On the other hand, Saudi Finance Minister said the funds to be collected through the sale of additional shares in Aramco would go to the Public Investment Fund and not to the public treasury.
The Saudi cabinet was approved for the customization system in March.
The new vision of the Kingdom 2030 deals with promoting investment in the national economy and creating attractive investment opportunities for the private sector and increasing its contribution to GDP to promote the sustainability of the Kingdom's economy.
There will be customizable initiatives to be subtracted and a new tribute to the Kingdom's economy through the allocation of certain government services and made available to the local and international private sector in 16 government sectors targeted and consistent with the Vision 2030 vision, improving the balance of payments and increasing private sector contribution from 40% to 65% of GDP.
