January 01, 2020
Target to achieve fiscal balance
| Name | Type | Mentions | |
|---|---|---|---|
| Saudi Government | person | 0 | View Entity |
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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.
Events with shared participants
Target date for NTP (National Transformation Program) objectives.
2020-01-01 • Saudi Arabia
Start of Saudi privatization program and creation of Supreme Economic Council
1999-01-01 • 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
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