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UID:33515@arabamerica.com
DTSTART;TZID=America/Detroit:20240912T123000
DTEND;TZID=America/Detroit:20240912T140000
DTSTAMP:20240910T224528Z
URL:https://www.arabamerica.com/events/transformation-underway-assessing-s
 audi-arabias-vision-2030-reforms/
SUMMARY:Transformation Underway: Assessing Saudi Arabia’s Vision 2030 Ref
 orms
DESCRIPTION:Economic transformation in Saudi Arabia is ongoing. The governm
 ent is implementing wide-ranging reforms to diversify the economy away fro
 m oil. These reforms are based on substantive changes to the regulatory\, 
 legal\, and fiscal frameworks. They are supported by considerable public s
 ector investment in infrastructure\, new economic sectors\, and the develo
 pment of “giga” projects such as Neom. These reforms are bearing fruit
 . The Saudi non-oil economy has continued to grow robustly\, inflation is 
 contained\, and the unemployment rate for Saudi nationals is at an all-tim
 e low. Further\, the participation of Saudi women in the labor market has 
 doubled\, tourist arrivals have increased strongly\, and government fiscal
  revenue and exports have become more diversified.\n\nDespite these succes
 ses\, key questions remain about the reforms. Is there sufficient capacity
  to implement projects on the scale envisaged by the government? Can the r
 eforms be financed\, particularly if oil revenue comes under downward pres
 sure? Will increased foreign investment materialize? Will efforts by other
  Gulf countries to diversify their economies help or hinder the reforms in
  Saudi Arabia?\n\nAGSIW is pleased to host a discussion\, based on the Int
 ernational Monetary Fund’s recently released 2024 Article IV report\, on
  Saudi Arabia’s reforms and the prospects for its economy.\n\nSpeakers\n
 Amine Mati\, Assistant Director\, Mission Chief for Saudi Arabia\, and Hea
 d of GCC Division\, International Monetary Fund\n\nKaren E. Young\, Senior
  Research Scholar\, Center on Global Energy Policy\, Columbia University
 ’s School of International and Public Affairs\n\nModerator:\nTim Callen\
 , Visiting Fellow\, AGSIW
ATTACH;FMTTYPE=image/jpeg:https://www.arabamerica.com/wp-content/uploads/2
 024/09/https-cdn.evbuc_.com-images-841571989-140487557867-1-original.20240
 904-164221.jpeg
CATEGORIES:Discussion,Lecture
LOCATION:The Arab Gulf States Institute in Washington\, 1050 Connecticut Av
 e NW \, Washington\, DC\, 20036\, United States
GEO:38.9033865;-77.04083159999999
X-APPLE-STRUCTURED-LOCATION;VALUE=URI;X-ADDRESS=1050 Connecticut Ave NW \, 
 Washington\, DC\, 20036\, United States;X-APPLE-RADIUS=100;X-TITLE=The Ara
 b Gulf States Institute in Washington:geo:38.9033865,-77.04083159999999
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TZID:America/Detroit
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DTSTART:20240310T030000
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