مجلس نيوز | majlis-news
The Board of Directors of the Public Investment Fund, headed by the Crown Prince, Deputy Prime Minister and Chairman of the Council for Economic and Development Affairs, approved the Emir Mohammed bin SalmanThe fund’s strategy for the next five years, which works on several goals, the most important of which is pumping at least 150 billion riyals annually into the local economy, on an increasing scale until 2025.
“In Public Investment Fund We do not only invest in business and sectors, but we also invest in the future of the Kingdom and the world, and our goal is to be our pioneering home for the new human civilization.
The Fund’s targets
150 billion annually in “investments” to support the local economy
1.2 trillion riyals contribution to GDP
4 trillion riyals is the size of assets targeted by the end of 2025
The crown prince’s vision:
- The growth of the Saudi national economy
- New sectors emerge
- Developing and preserving the country’s wealth
- Achieving prosperity and prosperity for the citizens