Saudi economy is growing at steady pace: Al-Jadaan

Mohammed Al-Jadaan, Minister of Finance

Saudi Arabia’s Minister of Finance Mohammed Al-Jadaan said that the Saudi economy is growing at a steady pace, noting that without the private sector contribution, it will be difficult to achieve the diversification program in accordance with the Saudi Vision 2030.

He explained, in a dialogue session discussing enhancing the global competitiveness of the Gulf countries at Qatar Economic Forum (QEF), that Saudi Arabia will not stop after 2030 because there are many opportunities that can be seized.

Al-Jadaan added that the Gulf region is promising in the currently difficult world, indicating that the pace of development in this region is a model to be followed, as these countries spend wisely while improving the level of services.

The minister also pointed out that the efforts being made in developing infrastructure are based on a long-term vision.