Saudi Arabia will announce on 25 April the National Transformation Plan (NTP). The "Vision for the Kingdom of Saudi Arabia" will include developmental, economic, social and other programmes, Prince Mohammed said. Part of the vision will be launched a month or 45 days after this month's announcement, he was quoted as saying. The NTP includes asset sales, tax increases, spending cuts, changes to the way the state manages its financial reserves, an efficiency drive, and a much bigger role for the private sector. (Bloomberg)
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