(MENAFN) As part of the Kingdom's efforts to boost private-sector growth and wean itself off oil export dependence, by 2020, Saudi Arabia's main sovereign wealth fund wants to increase its financial influence to SR 1.5 trillion (USD400 billion).
On the second day of an international conference in Riyadh, the assets-under-management goal, laid out by the Public Investment Fund (PIF) on Wednesday.
It was accompanied by publication of PIF's first comprehensive business program, outlining targets for investments and returns for 2018-2020.
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