Saudi Arabia's finance minister said Wednesday that the Gulf kingdom's sweeping plans to wean its economy off oil were "on track" despite "challenges" in executing specific projects.
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Participants attend the annual Future Investment Initiative (FII) conference in Riyadh on October 29, 2024. Global business leaders meet in Saudi Arabia on October 29 for a glitzy investor forum as conflict shakes the region and scepticism mounts over the Gulf kingdom's most ambitious development projects. (Photo by Fayez Nureldine / AFP)
2024-10-30 14:25:38
Saudi Arabia's finance minister said Wednesday that the Gulf kingdom's sweeping plans to wean its economy off oil were "on track" despite "challenges" in executing specific projects.
"We're not shying away from the challenges -- challenges in relation to human resource and ability to execute," Mohammed al-Jadaan told a panel at the Future Investment Initiative in Riyadh, sometimes dubbed "Davos in the desert".
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