1️⃣ Thread of the #Saudi Crown Prince #MohammedBinSalman's official statement:

"The Kingdom is one of the largest & most important economies in the world & we strive to double the size and diversification of the #economy."

#MBS2020Statement 🇸🇦
2️⃣ "During 2018, the unemployment rate was approximately 13% & due to raising the efficiency of gov agencies, public investment fund investments, & other gov initiatives, we successively noticed a drop in the unemployment rate to 11.8% at the beginning of 2020"

#MBS2020Statement
3️⃣ "We will be at the end of 2020 one of the countries least affected by the #COVID19 in the #G20 , in which the unemployment rate has increased in some countries to 15%, 20% and more"

#MBS2020Statement
4️⃣ "We believe that the programs & policies put in place by the gov will enable us to achieve an unemployment rate of 7% before 2030; #Women represents 64% of the total unemployment rate, stressing that “our next goal will be to improve the citizen’s income.”

#MBS2020Statement
5️⃣ "In 2016, the value of the non-oil GDP was estimated at SR 1.8 trillion & we began laying out plans to double that at a rapid pace, the result was growth in the past 3 years, by 1.3% in 2017, 2.2% in 2018, 3.3% in 2019 and more than 4% in the 4th Q of 2019"

#MBS2020Statement
6️⃣ “Increasing employment rates is a top priority for the government, as the work has begun according to #Vision2030 to reform the labor market and provide more jobs for the citizens, Vision 2030 has set an unemployment rate of 7% in 2030 as one of its goals."

#MBS2020Statement
7️⃣ "We made a clear commitment to increase the percentage of citizens' home ownership by 5% within 4 years.

At the time, 47%, which means reaching 52% in 2020, which is considered good internationally, but today we have reached 60%, exceeding the target by 8%"

#MBS2020Statement
8️⃣ " @PIFSaudi has become one of the main engines of the growth of our #economy, & we have been able to double the size of the fund from SR560 B to more than SR1.3 trillion, with a steady pace towards achieving the goal of #Vision2030 that the fund’s assets exceed SR7 trillion"
9️⃣" #Corruption consumes 5% to 15% of the budget in the Kingdom,which means worse performance from 5% to 15% at least in the level of services, projects & the number of jobs, & the total proceeds of anti-corruption settlements reached SR247 B in the 3 years past"
#MBS2020Statement
🔟 "We suffered from desertification, scarcity of rain, waves of dust.
2016, we worked to raise the percentage of natural reserves from 4% to more than 14% of the total lands of #KSA & we established a special force for environmental security with 1100 workers"

#MBS2020Statement
11 "After restructuring the Ministry of Interior and reforming the security sector, the number of terrorist operations in #KSA has decreased to nearly zero, with the exception of a few individual attempts that did not achieve their hateful goals. Our work today is proactive"
#MBS
You can follow @Salansar1.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled:

By continuing to use the site, you are consenting to the use of cookies as explained in our Cookie Policy to improve your experience.