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World / Middle East

Saudi Arabia's cabinet approves reform plan

Published: 25 Apr 2016 - 01:58 pm | Last Updated: 06 Nov 2021 - 04:26 am
Peninsula

 

RIYADH: Saudi Arabia's cabinet agreed to implement a broad reform plan known as Vision 2030, which is expected to involve sweeping change to diversify the economy
beyond dependence on oil exports, state media reported on Monday.

"We hope citizens will work together to achieve Saudi Vision 2030," King Salman said in a brief statement carried by state television.

Details of the plan were expected to be announced later on Monday. 

Reuters