ASSESSMENTS

The Mixed Record of Saudi Arabia's Vision 2030

Nov 14, 2025 | 19:26 GMT

A 3D logo of Vision 2030 from the obverse side of 200 Saudi Riyal banknote.
A 3D logo of Vision 2030 from the obverse side of 200 Saudi Riyal banknote.

(Tamer Soliman/Getty)

Saudi Arabia will focus on pragmatic investments in projects in the final stretch of Vision 2030, likely feeding into existing diversification efforts, but this will not be enough to provide long-term stability to the Saudi political economy, leaving Riyadh wedded to an implicit subsidy system that could invite future instability....

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