According to Saudi Finance Minister Mohammed Al-Jadaan, the Kingdom has offered investors three key things: confidence, predictability, and transparency.
Saudi Arabia has provided credibility through a variety of reforms, according to Al-Jadaan, who spoke at a World Economic Forum session on the kingdom.
“In comparison to the past, the Kingdom has begun to improve its ability to forecast occurrences,” he said, adding that openness entails making data available to the public for information.
“We have developed a lot from where we started, and we have come a long way in that,” Al-Jadaan said.
“Saudi Arabia has been affected by Corona, but the crises of the Corona epidemic, as well as the reduction in oil prices, have caused a bilateral shock,” he stated.
“We took really difficult decisions, engaged with the private sector and the public, gave necessary support, and maintained our focus and discipline,” Al-Jadaan continued.