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Saudi finance minister asserts Vision 2030’s role in global resilience at Riyadh WEF

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Saudi finance minister asserts Vision 2030’s role in global resilience at Riyadh WEF

Khalid Nouh, Al Arabiya English Published: 28 April ,2024: 04:33 PM GST Updated: 28 April ,2024: 04:50 PM GST

Saudi Arabia’s Finance Minister, Mohammed al-Jadaan, emphasized the substantial role of VISION 2030 in shaping the Kingdom’s economic plans during his participation in the open forum at the special session of the World Economic Forum held in Riyadh on Sunday. He stressed that VISION 2030 remains focused on diversifying the economy away from oil and prioritizes qualitative rather than quantitative growth.

Al-Jadaan stated, “VISION 2030 focuses on qualitative growth, not quantitative. If we wanted, we could produce 10 million barrels of oil a day instead of 9.5 million and achieve much larger growth in GDP.” This approach underscores the strategic shift towards enhancing the overall quality of economic expansion without simply increasing output volumes. Al-Jadaan also announced that the Kingdom will be adjusting its VISION 2030 plan to better suit evolving needs, which will involve scaling back some projects while accelerating others – highlighting the importance of ensuring the quality of economic growth and acknowledging the need for flexibility to address ongoing challenges.

He further pointed out that the private sector is foundational to VISION 2030, with the government’s role being primarily legislative and regulatory. This framework has helped in sculpting economic strategies that align with Saudi Arabia’s long-term development goals. Addressing the global economic atmosphere, al-Jadaan highlighted the necessity of formulating policies to counteract the restrictions imposed on trade and technology. He remarked on the various shocks the world has experienced and the imperative for countries to reassess their strategies to effectively manage such disruptions.

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Global Economy

The Minister also touched upon the high costs the global economy pays for international divisions, noting the significant disparity in economic performance across countries. He emphasized the importance of adapting and modifying economic plans to keep pace with evolving global challenges. The Minister pointed out the necessity of developing policies to combat trade and technology restrictions. “The world has faced numerous shocks, and nations must reassess their plans to cope with these challenges,” al-Jadaan explained. He stressed the significant economic cost globally due to divisions between countries and the stark disparities in economic performance among nations. Al-Jadaan also underscored the importance of human capital development. “We must develop human capital and establish policies to counter the restrictions imposed on trade and technology,” he stated, signaling the need for strategic adjustments in response to global technological and economic shifts.

WEF in Riyadh

During the Riyadh-hosted open forum, discussions aimed to foster dialogue among thought leaders on several topics, including environmental challenges, the role of arts in society, entrepreneurship, artificial intelligence, digital currencies, digital cities, and mental health. The forum provided an ideal opportunity for students, entrepreneurs, and young professionals to discuss and explore these critical issues. The special meeting saw participation from over 1,000 attendees, including more than 20 heads of state and prime ministers from around the world, along with key global stakeholders. The event focused on enhancing cooperation in crucial areas of development and helping bridge the growing gap between advanced and emerging markets.

Through these discussions and the strategic direction outlined by VISION 2030, Saudi Arabia continues to advance its agenda of economic diversification and sustainable development, aiming to position itself as a leader in adapting to global economic trends and challenges.

VISION 2030

As Saudi Arabia moves past the midpoint of its ambitious VISION 2030 journey, first and second-level performance indicators show significant progress toward the 2030 TARGETS, with some metrics even surpassing their goals. Since the launch of VISION 2030 on April 25, 2016, under the directive of King Salman bin Abdulaziz and CROWN PRINCE MOHAMMED BIN SALMAN, Saudi Arabia has undergone an unprecedented historic transformation. This transformation is characterized by remarkable growth that supports the vision’s goal of creating a prosperous and promising future through economic growth and improved quality of life.

As per the 2023 annual report for Saudi VISION 2030, published last week, an impressive 87 percent of the 1,064 initiatives planned for 2023 were completed or on track. Key performance indicators for 2023 include 243 metrics, with 81 percent achieving their third-level targets and 105 indicators surpassing their future targets for 2024/2025. The initiatives under VISION 2030 have expanded into various sectors, demonstrating Saudi Arabia’s commitment to diversifying and sustaining its economy beyond oil and gas. The vision has catalyzed the potential of all economic sectors, enhancing the nation’s wealth and utilizing its natural resources alongside developing and empowering human capital.

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Daniel 8:19 He said: “I am going to tell you what will happen later in the time of wrath, because the ‘VISION’ concerns the appointed time of the end.

Daniel 10:14 Now I have come to (7) explain to you what will happen to (7) your people in the future, for the (7) ‘VISION’ concerns a time yet to come.”

Daniel 9:23 As soon as you began to pray, a word went out, which I have come to tell you, for you are highly esteemed. Therefore, consider the word and understand the ‘VISION’:

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International Monetary Fund Director Kristalina Georgieva believes that the success of “VISION 2030” in Saudi Arabia is a clear example of countries’ ability to transform. Georgieva added, during a session of the WORLD ECONOMIC FORUM entitled: “A New Vision for Global Development,” held in Riyadh, today, Sunday, that the fruits of economic growth must be distributed to all countries, as there is a huge discrepancy in economic performance between countries.

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Dear Earth, It Has Begun!

2024: The Rise of the Beast. Mohammed bin Salman. Man-by-Satan. MbS. For Those ‘Left Behind.’

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In His Service,

Night Watchman

Paul Rolland

Night Watchman Ministries

www.nightwatchman.blog

Make Your (7) Decision for Christ NOW!!!!!!! Time is Up!!!!!!!

Jesus Christ’s Offer of Salvation:

The ABCs (7) of Salvation through Jesus Christ (the Lamb)

  1. (7) Admit/Acknowledge/Accept that you are sinner. Ask (7) God’s forgiveness and repent of your sins.

. . . “For all have sinned, and come short of the glory of God.” (Romans 3:23).

. . . “As it is written, There is none righteous, no, not one.” (Romans 3:10).

. . . “If we say that we have no sin, we deceive ourselves, and the truth is not in us.” (1 John 1:8).

B. Believe Jesus is Lord. Believe that (7) Jesus Christ is who He claimed to (7) be; that He was both fully God (7) and fully man and that we are (7) saved through His death, burial, and resurrection. (7) Put your trust in Him as your (7) only hope of salvation. Become a son (7) or daughter of God by receiving Christ. (7777777) 7×7

. . . “That whosoever believeth in him should not perish, but have eternal life. For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life. For God sent not his son into the world to condemn the world; but that the world through him might be saved. (John 3:15-17). For whosoever shall call upon the name of the Lord shall be saved.” (Romans 10:13).

C. Call upon His name, Confess (7) with your heart and with your lips (7) that Jesus is your Lord and Savior.

. . . “That if thou shalt confess with thy mouth the Lord Jesus, and shalt believe in thine heart that God hath raised him from the dead, thou shalt be saved. For with the heart man believeth unto righteousness; and with the mouth confession is made unto salvation.” (Romans 10:9-10).

. . . “If we say that we have no sin, we deceive ourselves, and the truth is not in us. If we confess our sins, he is faithful and just to forgive us our sins, and to cleanse us from all unrighteousness. If we say that we have not sinned, we make him a liar, and his word is not in us.” (John 1:8-10).

. . . “And he is the propitiation for our sins: and not for ours only, but also for the sins of the whole world. (John 2:2).

. . . “In this was manifested the love of god toward us, because that God sent his only begotten Son into the world, that we might live through him. And we have seen and do testify that the Father sent the Son to be the Saviour of the world. Whosoever shall confess that Jesus is the Son of God, God dwelleth in him, and he in God.” (1 John 4:9, 14-15).

. . . “But God commendeth his love toward us, in that, while we were yet sinners, Christ died for us. Much more then, being now justified by his blood, we shall be saved from wrath through him. For if, when we were enemies, we were reconciled to God by the death of his Son, much more, being reconciled, we shall be saved by his life.” (Romans 5:8-10).

. . . “For the wages of sin is death; but the gift of God is eternal life through Jesus Christ our Lord.” (Romans 6:23).

. . . “Jesus saith unto them, I am the way, the truth, and the life, no man cometh unto the Father, but by me.” (John 14:6).

. . . “For I am not ashamed of the gospel of Christ: for it is the power of God unto salvation to everyone that believeth.” (Romans 1:16).

. . . “Neither is there salvation in any other: for there is none other name under heaven given among men, whereby we must be saved.” (Acts: 4:12).

. . . “Who will have all men to be saved, and to come unto the knowledge of the truth for there is one God, and one mediator between God and men, the man Christ Jesus.” (1 Timothy 2:4-6).

. . . “For God did not appoint us to suffer wrath but to receive salvation through our Lord Jesus Christ.” (1 Thessalonians 5:9).

. . . “But as many as received him, to them gave the power to become the sons of God, even to them that believe on his name.” (John 1:12).

True Church / Bride of Christ Spared from God’s Wrath:

 Romans 5:8-10. “But God commendeth his love toward us, in that, while we were yet sinners, Christ died for us. Much more then, being now justified by his blood, we shall be saved from wrath through him. For if, when we were enemies, we were reconciled to God by the death of his Son, much more, being reconciled, we shall be saved by his life.”

Romans 12:19. Dearly beloved, avenge not yourselves, but rather give place unto wrath: for it is written, Vengeance is mine; I will repay, saith the Lord.

1 Thessalonians 1:10. And to wait for his Son from heaven, whom he raised from the dead, even Jesus, which delivered us from the wrath to come.

1 Thessalonians 5:9. For God hath not appointed us to wrath, but to obtain salvation by our Lord Jesus Christ,

Romans 8:35. Who shall separate us from the love of Christ? shall tribulation, or distress, or persecution, or famine, or nakedness, or peril, or sword?

Jeremiah 30:7. Alas! for that day is great, so that none is like it: it is even the time of Jacob’s trouble, but he shall be saved out of it.

Revelation 3:10 Because thou hast kept the word of my patience, I also will keep thee from the hour of temptation, which shall come upon all the world, to try them that dwell upon the earth.

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