national economy

“Vision 2030” shows that Saudi Arabia is conscious about the necessity to reform the country’s economy. Its cut in social spending, the plan to introduce a tax on expenses by 2018, and –more importantly- its plan to privatise the state oil company Saudi Aramco are very positive. [...] The success of Saudi Arabia’s economic reforms is crucial to the West, who needs a stable Saudi Arabia in an already chaotic Middle East.

Sport and cultural exchanges between countries and individuals “who are not on the best of terms” could help ease tensions, Spavor said in an interview. “At the very least, the involved individuals … can break down or dismiss preconceived negative ideas about each other.”