Saudi Arabia Adjusts National Transformation Plan (NTP)

Saudi Arabia has adjusted some targets within its five-year National Transformation Plan (NTP), making changes to metrics on the official document that can be found on the Kingdom’s Vision 2030 website.

Bloomberg first reported the changes on November 1, noting that the new document “doesn’t affect major fiscal or energy-related reforms” but nevertheless represents a scaling back of “overly optimistic” targets that are now more achievable.

The National Transformation Plan was first published in 2016.

The Saudi government now hopes to increase female participation in the job market to make up 24 percent of the workforce by 2020, down from an original goal of 28 percent. As Bloomberg notes, some targets were unchanged, while several new ones have been added.

[Click here to download the most recent version of Saudi Arabia’s National Transformation Plan (NTP)]