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Royal Court

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HOUSE_OVERSIGHT_016115.jpg

This document is page 5 of a Merrill Lynch research report (GEMs Paper #26) dated June 30, 2016, detailing the governance model of Saudi Vision 2030. It outlines the centralization of power under the Council of Economic and Development Affairs (CEDA), chaired by then-Deputy Crown Prince Mohammed bin Salman, and describes major strategic programs including the restructuring of the Public Investment Fund (PIF) into a $2 trillion sovereign wealth fund and the transformation of Saudi Aramco. The page contains a governance hierarchy diagram and a table listing various strategic programs and their status.

Financial research report / white paper
2025-11-19
Analysis Source

HOUSE_OVERSIGHT_016113.jpg

This document is page 3 of a Merrill Lynch economic research report titled 'GEMs Paper #26' dated June 30, 2016. It analyzes the Saudi Vision 2030 and National Transformation Plan (NTP), discussing fiscal policies, oil price requirements (US$50-65/bbl), and governance reforms under King Salman and Deputy Crown Prince Mohamed bin Salman. The document is stamped 'HOUSE_OVERSIGHT_016113', indicating it was part of a congressional investigation production.

Financial research report / economic analysis
2025-11-19
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