Question

•saudi econ

What are the Vision Realization Programs?

• How will the Vision Realization Programs be

implemented?

Answer 1

Saudi Vision 2030 (Arabic: رؤية السعودية 2030‎) is a strategic framework to reduce Saudi Arabia's dependence on oil, diversify its economy, and develop public service sectors such as health, education, infrastructure, recreation, and tourism. Key goals include reinforcing economic and investment activities, increasing non-oil international trade, and promoting a softer and more secular image of the Kingdom. It also consists of increasing government spending on the military, as well as manufacturing equipment and ammunition.

Implementation

Vision Realization ProgramsEdit

To achieve the strategic goals and targets of vision 2030, thirteen programs called Vision Realization Programs (VRPs) were established. The VRPs were presented by Council of Economic and Development Affairs (CEDA) on 24 April 2017:[54]

1. Quality of Life Program
2. Financial Sector Development Program
3. Housing Program
4. Fiscal Balance Program
5. National Transformation Program
6. Public Investment Fund Program
7. Privatization Program
8. National Companies Promotion Program
9. National Industrial Development and Logistics Program
10. Strategic Partnerships Program
11. Hajj and Umrah Program
12. Human Capital Development Program
13. Saudi Character Enrichment Program

SupervisionEdit

The plan is supervised by Crown Prince Mohammad bin Salman. Overall, Vision 2030's directions and decision-making roles lie within a Council of Ministers and a Council of Economic and Development Affairs (CEDA). CEDA's director, as well as the managers of the first 12 Vision Realization Programs, ensure proper adherence to the plan on the five-year level. Annually, each entity concerned is individually responsible for its budget and objectives.[citation needed]

Government entities reorganizationEdit

To achieve the strategic objectives of Vision 2030, new government entities were created and existing entities were reorganized and/or merged.[55]

New entity	Previous entity
Council of Economic and Development Affairs
National Center for Performance Management
General Authority for Culture
General Authority for Entertainment
Strategic Management Committee and Strategic Management Office
Ministry of Commerce and Investment	Ministry of Commerce and Industry
Ministry of Labor Ministry of Labor and Social Development	Ministry of Social Affairs
Ministry of Energy, Industry and Mineral Resources	Ministry of Petroleum and Mineral Resources and
Ministry of Environment, Water and Agriculture	Ministry of Water and Electricity and Ministry of Agriculture
Ministry of Hajj and Umrah	Ministry of Hajj
Public Education Evaluation Commission	Education Evaluation Commission