Saudi Vision 2030: where do things stand with five years to go?

Saudi Arabia’s Vision 2030 reform programme passed the halfway mark last year and we published an in-depth Focus evaluating the progress so far. This Update takes a fresh look at how close the government is to meeting its targets. In short, while there have been major gains in the labour market and a recent step-up in efforts to improve the business environment, the Kingdom is still well off the pace on some of the key goals, particularly around raising FDI and diversifying away from oil.