“The steps he has taken to implement taxes, raise the cost of foreign labor and encourage investment in non-oil sectors are part of a larger recognition that the Saudi economy has to change. He is unlikely to reach all the goals set in Vision 2030 to reduce the role of oil in the Saudi economy, but even if he achieves 25% of the goals, it will be a step in the right direction.” 

–F. Gregory Gause III comments in an interview with the Institut Montaigne about Saudi Arabia, President Biden and MBS. [Institut Montaigne]