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This document is page 19 of a Merrill Lynch financial research report titled 'GEMs Paper #26', dated June 30, 2016. It provides an economic analysis of Saudi Arabia's 'Vision 2030' plan, specifically scrutinizing targets to raise US$100 billion in non-oil revenue through subsidy cuts, VAT implementation, and a 'Green Card-like' program. The text frequently cites plans announced by the 'Deputy Crown Prince' (Mohammed bin Salman). The document bears a 'HOUSE_OVERSIGHT_016129' Bates stamp, indicating it was part of a document production to the US House Oversight Committee, likely related to investigations involving financial institutions or foreign relations.