Prince Mohammed bin Salman, Crown Prince of Saudi Arabia, has said that Saudi Arabia has performed extraordinary feats in its modern history. Less than four years have passed since then. He warned that "those who pose a threat to national security and stability will be dealt with with iron fists."
According to the Saudi Press Agency (SPA), the Crown Prince thanked the Majlis-e-Shura for the comprehensive address of the Custodian of the Two Holy Mosques and said, “Saudi Arabia is an important economic power in the world. Saudi Arabia is serious about doubling the size of its economy and diversifying its economic resources.
"The axis of economic schemes is the establishment of an economic system other than oil," he said. The Crown Prince said that in 2016, apart from oil, the national production was 1.8 trillion riyals. Schemes for rapid growth were implemented. Saudi Arabia is one of the ten most successful countries in the G20, despite the Corona epidemic.
"We are hopeful that with the end of the epidemic, the growth rate will increase rapidly and the situation will return to normal, and Saudi Arabia will be the main G20 country to achieve rapid growth in national production in the coming years," he said. Will become '.
Muhammad bin Salman said that the goal of Vision 2030 is to reduce the unemployment rate to seven percent by 2020. The unemployment rate in 2018 was 13 percent. At the beginning of 2020, the rate dropped to 11.8 percent. At the end of 2020, we will have the lowest unemployment rate in the countries affected by Corona in the G20. Unemployment rates in many G20 countries have risen from 15 percent to 20 percent and beyond.
Prince Muhammad bin Salman said, “We have a high unemployment rate among women. Its proportion is 64%.
"I promise to end extremism in 2017," he added. He immediately took action to deal with extremist activities and their causes. Within a year, the 40-year ideological project was over.
The Crown Prince said, "In the past, there was no terrorist attack. Terrorist attacks are now zero. We will continue to pursue extremist activities and ideas. "
The Saudi Crown Prince also said that "corruption has spread like a cancer over the past decades. During the three years, 245 billion riyals were collected from the anti-corruption campaign, which is 20% of the revenue other than oil. Corruption is the biggest obstacle to the country's development. Because of this, many opportunities in the country were missed. Corruption consumes five to fifteen percent of the national budget.
Muhammad bin Salman said, "We campaigned for the empowerment of Saudi women in employment and family affairs. Now she is participating in the development of the country without any discrimination alongside Saudi men.
"We are saddened by the cancellation of the inflation allowance, but most of the allowances, benefits and salaries have not been touched," the Crown Prince said.
Referring to the rights of foreigners, Prince Muhammad bin Salman said, "We have restructured the employment contract structure to protect their rights and make the labor market more standardized." The situation of 500,000 employees in Saudi Arabia has been rectified so that foreign workers can be brought here who can significantly increase the labor market. The new employment agreement empowers foreign workers to move from one institution to another. The move would increase competition in the Saudi economy and increase productivity.
