Saturday, January 12, 2019

Vision 2030


Saudi Arabia’s Vision 2030 
(January 5, 2019)
Nader Habibi
Crown Center for Middle East Studies
Brandeis University
Waltham, MA
USA

   Before gaining notoriety for his alleged role in the murder of Jamal Khashoggi, before capturing world attention for “jailing” top Saudi business leaders and members of the Saudi royal family in Ritz-Calrton Hotel in November 2017, Saudi Crown Prince Mohammed Bin Salman (MBS) was known as the power behind Vision 2030 – an ambitious comprehensive economic diversification and social liberalization plan.  As a comprehensive social and economic reform plan, the Vision 2030 was formally put in motion by MBS in April 2016. Earlier that year he explained it to the world in a five-hour interview with the Economist.
Although two and a half year is only a small portion of the Vision’s 14-year horizon, some of the steps taken so far have been substantial and consequential.

   The implementation of Vision 2030, however, has also been impacted by some radical measures by MBS and some unexpected developments. The Yemen war, for example, was anticipated to be a short military campaign but it has endured for more than three years and has imposed a much larger military and financial cost on Saudi Arabia than initial projections. Yet the most significant shock to the Saudi Arabia as a country, and to its vision 2030 plan, is the exposed murder of the dissident journalist Jamal Khashoggi by Saudi intelligent agents in that country’s consulate in Istanbul. This incident has led to sharp condemnation of Mohammed Bin Salman who is accused by Turkish and American intelligence establishments of having directly ordered this killing. Not only some of Saudi Arabia’s major allies in the West, such as larger EU nations and the United States, have been very vocal in their criticism of Saudi government, but several major private corporations have scaled back their investments and partnerships with Saudi counterpart?

This brief offers an overview of what Saudi Arabia has accomplished so fat in implementation of Vision 2030 and how will the remaining reforms be implemented in the aftermath of the international response to the Jamal Khashoggi’s murder.  Read More...

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