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Source:
الوطن
People as Wealth Partners
Prince Mohammed bin Salman believes that work is not simply about providing a job. It means diversifying the economy and turning national resources and opportunities into production and wealth, while expanding the private sector’s role in creating jobs rather than relying on government employment or redistributing existing jobs. In remarks made between 2016 and 2021, he highlighted opportunities in mining, Hajj and religious visitation, tourism, industry, and services. He linked reducing unemployment to a later shift toward creating more good-quality jobs, especially for people on middle and lower incomes. He also stressed the need to develop the workforce’s skills, so that work provides an income that improves living standards and creates opportunities for saving, career development, and participation in building national wealth.
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