SR268 Billion National Transformation Program for 2020 Launched 2 Jeddah


(MENAFN- Saudi Press Agency)
The press conference started with a speech for the economist Talat Zaki Hafez, in which he dealt with the objectives of the national program, indicating they achieve a mechanism of action and outcomes more efficiently and effectively in the planning and integration of government action in line with the "Kingdom's Vision 2030", translate the strategic objectives into specific executive initiatives, maximize the impact of these initiatives in the achievement of national priorities and enhance transparency by the announcement of objectives and results.
He stated that the national transformation program defined a number of common national priorities of impact and public interest and based on the strategic objectives of the Kingdom's Vision 2030, after initiatives were analyzed by specialized support chambers in accordance with choices aim to maximize the contribution of the initiatives to achieve the common national goals.
He also drew attention that the program contributes to the generation of more than 450,000 jobs in the non-governmental sectors by 2020, thereby contributing to the achievement of the goal of the Kingdom of Saudi Arabia's vision 2030 through the development of opportunities for all, promotion of the partnership with the private sector, providing about 40 % of government spending on initiatives and increasing the private sector's contribution to Gross Domestic Product to 65 %.
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12:50 LOCAL TIME 09:50 GMT


Saudi Press Agency

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