Saudi Arabia’s Crown Prince Mohammed bin Salman launched a new strategy for the Kingdom’s National Development Fund (NDF), transforming it into an integrated national financial institution, state news agency SPA reported on Monday.
Under the new strategy, the National Development Fund will aim to contribute to the Kingdom’s real GDP growth by injecting more than 570 billion riyals ($152 billion) by 2030 and will aim to triple non-oil GDP to reach 605 billion riyals ($161 billion) by 2030, SPA reported.
Developing.
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