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Evolving economy and proven vision
Saudi Arabia launched Vision 2030 in 2016 with the goal of diversifying the economy and reducing dependence on oil, focusing on social and cultural development. After nearly a decade, reports have shown that the economy has become more diverse, with non-oil activities accounting for more than half of the gross domestic product, along with a decrease in unemployment rates and improvements in inflation levels. Additionally, institutional reforms and long-term initiatives have led to tangible progress in sustainability and community development, reflecting the success of the vision in building an economy and society capable of facing global challenges and continuing to grow.
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