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Saudi minister urges PIF to ease domestic spending

Summary by The New Arab
Saudi Arabia’s Public Investment Fund, sits at the heart of Vision 2030, an economic plan designed to transform the kingdom’s economy away from hydrocarbons.

2 Articles

The New ArabThe New Arab
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Saudi minister urges PIF to ease domestic spending

Saudi Arabia’s Public Investment Fund, sits at the heart of Vision 2030, an economic plan designed to transform the kingdom’s economy away from hydrocarbons.

·London, United Kingdom
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ZawyaZawya

Saudi minister urges PIF to ease domestic spending, make way for private sector

"It is time for us to maybe scale back on this government or PIF spend to prove and to seed some of these value chains and clusters and let the private sector start investing," Khalid al-Falih said on Tuesday

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  • 100% of the sources lean Left
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The New Arab broke the news in London, United Kingdom on Tuesday, October 28, 2025.
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