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Saudi Vision 2030 Realization Programs (VRPs) are national programs developed by the Kingdom of Saudi Arabia to achieve the objectives of Saudi Vision 2030. They were announced in separate phases, following the launch of the vision in 2016. In 2021, some programs were restructured to develop executive plans based on the specific goals of the vision and the key performance indicators of the sectors. Each program has several sub-sectors to facilitate the program's work. Financial Sector Deve...

Saudi Vision 2030 is the vision of Crown Prince and Prime Minister, His Royal Highness Prince Mohammed Bin Salman Bin Abdulaziz, to harness the Kingdom of Saudi Arabia's strategic geographical advantages, robust investment potential, and rich Arab and Islamic heritage. It is based on three central axes: A vital society, a thriving economy, and an ambitious nation; from which ninety-six strategic objectives branch out. Launching Saudi Vision 2030 Saudi Vision 2030 was launched on April 25, ...

The Citizen's Account Program is a program that provides financial support from the government of the Kingdom of Saudi Arabia to its citizens. Its purpose is to protect Saudi families from the direct and indirect impacts expected from various economic reforms, which might impose additional burdens on some societal segments. The Ministry of Human Resources and Social Development supervises the Citizen's Account. The support is in the form of payments directly transferred from the stat...

The Privatization Program , one of the Saudi Vision 2030 realization programs, was launched by the Council of Economic and Development Affairs in 2018. The program began by identifying government assets and services suitable for privatization in various sectors of the Kingdom of Saudi Arabia. It focuses on developing mechanisms for privatization, enhancing the role of the private sector in service provision, and making government assets available for private sector involvement. This aims to imp...

The Housing Program is one of the programs to achieve Saudi Vision 2030. It was launched in 2018, aiming to provide housing solutions that enable Saudi families to own suitable homes, either by ownership or usufruct, according to their needs and financial abilities. This is alongside increasing the housing options that are implemented at affordable prices, in less time, and of high quality, in partnership with the private sector. The Housing Program strives to provide specialized housing progra...

The Fiscal Sustainability Program is one of the programs to achieve Saudi Vision 2030. It aims to develop the state's financial performance and represents a medium-term financial planning mechanism to sustain the public finances and achieve a balanced budget. The program, launched in 2016 under the name Fiscal Balance Program, has contributed to the creation of a financial system and tools that are capable of positively influencing and interacting with financial and economic shifts and cha...

The Financial Sector Development Program is one of the programs aimed at achieving Saudi Vision 2030. It was launched in 2017 to enable financial institutions to support private sector growth, develop an advanced capital market, strengthen financial planning in the Kingdom of Saudi Arabia, and enhance financial technology (fintech) strategy. The program seeks to develop a diversified and effective financial sector that supports diversifying income sources and stimulates savings, financing, and ...

The Pilgrim Experience Program is one of the programs to achieve Saudi Vision 2030. It was launched by the Custodian of the Two Holy Mosques, King Salman Bin Abdulaziz Al Saud, in 2019. The program's role is to provide the opportunity for as many Muslims as possible to perform the obligations of Hajj and Umrah pilgrimage optimally. The program has designed the journey of the Hajj and the Umrah pilgrims according to seven main contact points, starting with the pre-arrival point, followed b...

The National Industrial Development and Logistics Program (NIDLP), is one of the programs to achieve Saudi Vision 2030. It was launched by His Royal Highness Prince Mohammed Bin Salman Bin Abdulaziz Al Saud, the crown prince, prime minister, and president of the Economic and Development Affairs Council, at the beginning of 2019 to emphasize the importance of its four sectors: energy, mining, industry, and logistics services, and their integration to create added value, diversify and maximize ec...

The National Transformation Program is one of the programs of Saudi Vision 2030. It was launched in 2016 to develop the required infrastructure for the private and public sectors, as well as the non-profit sector. This is achieved through a focus on excellence in government performance, supporting digital transformation, and developing economic associations to improve economic empowerment factors and enhance the citizens' standard of living. Objectives of the National Transformation Progra...

The Quality of Life Program is one of the programs to realize Saudi Vision 2030. It was launched in 2018 to improve the quality of life for individuals and families in the Kingdom of Saudi Arabia. This is achieved through creating, supporting, and introducing new options that enhance the participation of citizens, residents, and visitors in cultural, recreational, sports, and tourism activities. These options contribute to enhancing the quality of life, generating employment, diversifying econo...

The Public Investment Fund Program is one of the executive programs to achieve Saudi Vision 2030. It was launched in 2017 and focuses on realizing the second pillar of the Vision, which is creating a thriving economy. The Public Investment Fund is commonly abbreviated as PIF, and it is the sovereign wealth fund owned by the government of the Kingdom of Saudi Arabia. It plays a crucial role in achieving the goals of Saudi Vision 2030 and the national economic transformation by contributing to ec...