January 01, 1999
Start of Saudi privatization program and creation of Supreme Economic Council
| Name | Type | Mentions | |
|---|---|---|---|
| Saudi Government | person | 0 | View Entity |
HOUSE_OVERSIGHT_016133.jpg
This document is page 23 of a Bank of America Merrill Lynch financial research report ('GEMs Paper #26') dated June 30, 2016. It analyzes the Saudi Arabian government's budget and renewed privatization agenda, specifically discussing defense spending trends and planned privatizations for entities like Saudi Aramco, airports, and utilities as part of Saudi Vision 2030. The document bears a 'HOUSE_OVERSIGHT_016133' stamp, indicating it was produced as part of a congressional investigation, likely related to financial records subpoenaed regarding Jeffrey Epstein's banking relationships.
Events with shared participants
Target date for NTP (National Transformation Program) objectives.
2020-01-01 • Saudi Arabia
Privatization of municipal services, transport, airports, and ports.
Date unknown • Saudi Arabia
Potential IPO of Saudi Aramco.
Date unknown • Saudi Arabia
Projected effective date for the new land tax law.
2016-12-31 • Saudi Arabia
Release of the National Transformation Plan (NTP)
2016-01-01 • Saudi Arabia
Budget announcement
2016-01-01 • Saudi Arabia
Expected implementation of VAT with 5% yield
2018-01-01 • Saudi Arabia
Target date for private sector to fund 35% of healthcare spend (National Transformation Plan)
2020-01-01 • Saudi Arabia
Announcement of a range of armament deals.
Date unknown • Saudi Arabia
Target date for achieving 50% local content in various industries (Vision 2030).
2030-01-01 • Saudi Arabia
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