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We Will Continue Building, Progress as the Budget for the Year 2020 Enhances Vision 2030 Objectives, says HRH Crown Prince 3 Riyadh

HRH the Crown Prince also pointed to Aramco's IPO as a major step and supporter in enhancing the role and participation of the private sector in the economy, and that the prospects for opportunities for the private sector will increase during the coming period, enhancing its role in the growth and diversification of the economy and increasing employment rates in the medium and long term.

HRH the Crown Prince addressed the role of the Public Investment Fund (PIF) and the National Development Fund (NDF) in achieving the Kingdom's 2030 Vision as it served as the local and external investment arm as well as the development arm of the local economy, contributing to the diversification of the economy and income sources.

He concluded that these are among the most important strategic goals the Vision seeks to achieve, as it emphasizes the complementary and enabling role of both PIF and NDF in support of the private sector.

Source: Saudi Press Agency