"Saudi Arabia Set To Reveal Vision For Post-Oil Future"

"Saudi Arabia has traditionally depended on the oil sector for 90% of its budget, but that won’t last forever.

On Monday, reforming deputy crown prince Mohammed bin Salman is set to unveil his “Vision for the Kingdom of Saudi Arabia,” according to a fascinating profile by Bloomberg.

In an 8-hour interview, the 30-year-old prince outlined how he plans to make the economy resilient against commodity fluctuations. “We don’t care about oil prices—$30 or $70, they are all the same to us,” he said, with remarkable nonchalance."

Megan Darby reports for Climate Home April 24, 2016.

SEE ALSO:

"The $2 Trillion Project to Get Saudi Arabia’s Economy Off Oil" (Bloomberg)