What is the goal of Vision 2030 in Saudi Arabia?

The goal of Vision 2030 in Saudi Arabia is to diversify the economy and reduce dependence on oil. This strategic framework, launched by the Saudi government in 2016, aims to transform the Kingdom into a more sustainable and economically diverse society. With oil revenues being a significant part of the nation’s income, the vision recognizes the need for economic reform in light of fluctuating oil prices and the global shift towards renewable energy sources.

The Vision 2030 plan focuses on various sectors such as entertainment, tourism, technology, and renewable energy to create a more robust economy. By doing so, it seeks to create jobs, enhance the overall quality of life for its citizens, and increase the Kingdom's global competitiveness. While enhancing tourism and improving military capabilities are components of the broader plan, the primary emphasis is on economic diversification to ensure long-term sustainability.