Saudi Finance Minister Mohammed Al-Jadaan announced remarkable figures reflecting the success of the Kingdom of Saudi Arabia in its transformation journey, revealing that the achievement rates in the key performance indicators of "Vision 2030" indicate actual achievement of the targets at record rates.
This came during his participation in a dialogue session held at the "Saudi House" on the sidelines of the World Economic Forum 2026, where Al-Jadaan explained that after 10 full years since the launch of the ambitious vision, the percentage of key performance indicators that have been fully achieved or are on the right track has reached 93%, reflecting the efficiency of the planning and the quality of the implementation.
Achievement details in numbers
In detailing the figures, the Minister of Finance explained that 269 indicators exceeded their set timelines and surpassed expectations, while 254 indicators are progressing precisely according to their established schedules. These figures represent the culmination of a decade of diligent work since Crown Prince Mohammed bin Salman launched the Vision in 2016, which aimed primarily to diversify income sources and reduce dependence on oil.
Financial strength and reserves
Al-Jadaan touched on the financial aspect, stressing that the flexibility of the Saudi financial sector stands as evidence of achieving the goals of the vision while preserving the gains, noting that Saudi reserves recorded growth of 22% during the period between 2022 and 2025, despite recording a budget deficit in some periods, which indicates the strength of the financial policy and its ability to absorb.
Philosophy of reform and sustainability
In discussing the reform methodology, Al-Jadaan stated a fundamental principle: that visions and reforms do not usually fail due to flawed planning, but rather due to delays in implementation. He emphasized that to ensure the sustainability of reforms, they must move beyond mere written visions and policies and translate into genuine change in institutional, market, and individual behavior, so that this change becomes the norm in life and work.
Economic impact and building credibility
Al-Jadaan concluded by emphasizing the importance of credibility, explaining that without building it in the market, the reform process cannot continue. He pointed out that this credibility stems from realism, maintaining fiscal discipline, and redirecting resources toward sectors with the greatest impact. This success in the Vision indicators serves as strong evidence to the international community and foreign investors that the Kingdom is a stable and attractive investment environment, reinforcing its position as a leading economic power within the G20 and confirming its success in creating a vibrant and sustainable non-oil economy.
