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Home > "Saudi Arabia Set To Reveal Vision For Post-Oil Future"

"Saudi Arabia Set To Reveal Vision For Post-Oil Future" [1]

"Saudi Arabia has traditionally depended on the oil sector for 90% of its budget, but that won’t last forever.

On Monday, reforming deputy crown prince Mohammed bin Salman is set to unveil his “Vision for the Kingdom of Saudi Arabia,” according to a fascinating profile by Bloomberg.

In an 8-hour interview, the 30-year-old prince outlined how he plans to make the economy resilient against commodity fluctuations. “We don’t care about oil prices—$30 or $70, they are all the same to us,” he said, with remarkable nonchalance."

Megan Darby reports for Climate Home April 24, 2016. [2]

SEE ALSO:

"The $2 Trillion Project to Get Saudi Arabia’s Economy Off Oil" (Bloomberg) [3]

Energy & Fuel [4]
Middle East [5]
Public [6]
Source: Climate H [2], 04/25/2016
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Source URL:https://www.sej.org/headlines/saudi-arabia-set-reveal-vision-post-oil-future

Links
[1] https://www.sej.org/headlines/saudi-arabia-set-reveal-vision-post-oil-future [2] http://www.climatechangenews.com/2016/04/24/saudi-arabia-set-to-reveal-vision-for-post-oil-future/ [3] http://www.bloomberg.com/news/features/2016-04-21/the-2-trillion-project-to-get-saudi-arabia-s-economy-off-oil [4] https://www.sej.org/category/topics-beat/energy [5] https://www.sej.org/category/region/international/middle-east [6] https://www.sej.org/taxonomy/term/81