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Saudi prince: From 2020, we can survive without oil

2016-04-25 17:13:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Home: As cabinet approves sweeping economic reforms, prince Mohammed bin Salman says they will reduce reliance on hydrocarbons Deputy crown prince Mohammed bin Salman is driving reforms Saudi Arabia`s cabinet approved Vision 2030 on Monday, a package of economic reforms designed to reduce dependence on oil revenues. Under the proposal, the Middle Eastern kingdom will float part of national oil firm Saudi Aramco on the stock exchange and diversify its investments. Mohammed bin Salman, the deputy...

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