Two informed sources told Reuters that Saudi Arabia's Public Investment Fund (PIF), the sovereign wealth fund, will announce a new strategy for the next five days. This will be the most significant modification to the Vision 2030 plan.
The sources clarified that the new strategy will be unveiled in the coming days and aims to strengthen the country's economic diversification. It is expected to focus on key sectors such as technology, renewable energy, and tourism.
Previously, the kingdom set an ambitious goal to increase the fund's assets to $2 trillion by 2030. The new strategy is likely to be a crucial step towards achieving this objective.
