Vision 2030. What was once a dream come true

Eight-year report shows tangible progress in housing, employment, and improving economic indicators.
Abdulaziz Al-Issa - Third Amlak Centennial - Lifting the land moratorium - Saudi Media - Vision 2030

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Kingdom Vision 2030. What was a dream come true

Abdulaziz Alissa

It is with great joy and pleasure that we celebrate these days the report released by <a style="color: #800000;" href="https://www.vision2030.gov.The Kingdom's Vision 2030 on the occasion of 8 years of the record of achievements that touched and raised the status of the homeland in global forums; until it became a focus of light around which countries gather and are guided by its light inspired by enlightened thought that enhanced the quality of life through a prosperous and sustainable economy.

It is useful to study the Kingdom's Vision 2030. The report is written in the language of numbers and comparisons between the achievements in 2023 and the cumulative achievement of the vision and the baseline from which it started, the target in the previous year and the target until 2030, which facilitates the process of evaluation and analysis.

<Through the statistics of the report, we find that the housing sector achieved results in enhancing the availability of housing options; the ownership rate jumped from 47% to 63.7%, an increase of 0.74% over the target set for last year, with only 6.3% remaining from achieving the vision targets in the sector (70%), and the annual report mentioned that more than 96 thousand citizens benefited from housing support services for housing products, and the total financial support for those eligible for support was estimated at 4. 1 billion Saudi riyals.1 billion Saudi riyals, while the percentage of beneficiaries of subsidies who are able to work and empowered exceeded the year's target of 32% with an actual value of 32.3% compared to the baseline of 1%, thus separating it from the vision target by 6%.

The vision is moving forward with the steps of the vision, and the percentage of beneficiaries of subsidies who are able to work and empowered exceeds the target of 6%. <The vision is moving with confident and insightful steps towards the goals, the final outcome of which is the glory of a nation and contain the ambition of young men and women representing half of the Kingdom's population, hence the role of the engines of the Saudi economy, which pumped 2,959 billion riyals into the arteries of the domestic product, as a result of which the unemployment rate among Saudis decreased from 12.3% to 7.7TP3T.3% to 7.7%, and accordingly, the contribution of the private sector rose from 40% of GDP to 45%, which is a catalyzing indicator to achieve the vision target of 65% of GDP.

So, the role of the engines of the Saudi economy, which pumped 2,959 billion riyals into the arteries of the GDP. So, what was a dream has become a reality that we are living step by step, especially in the areas of housing and employment.

Today, thanks to God Almighty, the private sector's contribution to the GDP has increased to 45%. <Today, thanks to God Almighty and the efforts of our wise leadership, they have become a role model in the growth of their indicators and their positive impact in moving the wheel of life.