Saudi Arabia announced plans for $3.2 trillion in investments by 2030 to boost the private sector and diversify its oil-reliant economy. Saudi Arabia announced plans Tuesday to pump $3.2 trillion in fresh investments by 2030 to boost the private sector, as the OPEC kingpin pushes to diversify its oil-reliant economy. The announcement by de facto ruler Crown Prince Mohammed bin Salman comes as the petro-state battles high unemployment and a coronavirus-triggered downturn. "The total investment injected... into the national economy is expected to reach 12 trillion riyals ($3.2 trillion) by 2030," Prince Mohammed said in a speech on state television. That amount includes three trillion riyals f
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