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HOUSE_OVERSIGHT_023644

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The text of the television interview of the Deputy Crown Prince: Prince Mohammed bin Salman: The Prince Mohammed bin Salman bin Abdul Aziz, the Deputy Crown Prince, the Second Deputy of the Prime Minister, and the Chairman of the Council for Economic Affairs and Development, has held a television interview on Saudi Arabia's first channel for the most important local and regional issues, and he stated the followings: * The national transformation program was designed to improve the performance of government agencies? - That’s true, and for this reason there are indicators and targets have entered in 24 government agencies, the second batch will be launched in the near future or the coming weeks, and there are new entities, that were not included in the 24 parties in the national transformation program, will be added to it. * Now it is been a year since the establishment of 2030 vision, How do your Highness see its impact on the growth, the unemployment and non-oil income? - I think that it has achieved so many achievements. If we look at 50 thousand feet, we will find that the deficit rate is less than all analysts’ anticipation, both at home and abroad for 2015 and 2016. And also for the budget of 2017 we will find non-oil revenues almost doubled in these years, "the last two years from nearly 111 billion to nearly 200 billion Saudi riyals. We will also look at the fact that budget control has become much more accurate than a budget in the last year, which spends more than 25 % to 45 % to a budget where only less than 10 % is spent. All of which are more than 50,000 feet. In addition to that, the main economic indexes have been affected by eighties, the nineties, and 2009 fall in oil prices such as the unemployment index which increased in those sharp declines, while the inflation index rose very significantly. The investment index also fell very strongly, while in this crisis the oil prices fell very sharply in an unprecedented manner in the history of the Kingdo

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