مستقبل النفط في ظل التحول نحو تنويع القاعدة الاقتصادية في إطار الرؤية السعودية المستقبلية 2030م

الملخص EN

The study aimed to investigate the reality and future of Saudi oil and the ability of its returns to contribute in diversifying the economic base and to produce alternative exports, as well as reducing the dependence on oil as a principal source of government revenue.

Moreover, to identify the efforts made to diversify and broaden the economic base in the light of the ambitious Saudi Vision 2030.

The study adopted the historical, the analytical descriptive; and inductive methods by investigating the reality and future of the Saudi oil and assessing the policies of expanding the Saudi economic base within the economic reform plans according to the Saudi Vision 2030.

The study concluded that although the Kingdom of Saudi Arabia acknowledged the importance of diversifying its economic base horizontally and vertically, as well as the huge and continuous efforts made by Saudi Authority to move away from oil control.

Nevertheless, oil continues to maintain sole control over the Saudi economy, and it will maintain such control until its returns are effectively utilized to promote investment in the other economic sectors and to produce alternative exports.

The study recommended taking deliberate measures to apply all outputs of the economic plans and the Saudi Vision 2030 in the utilization of oil revenues and surplus in expanding investment in the different economic sectors, especially the manufacturing and agricultural sectors, as well as developing the status and performance of the private sector, and providing more investment incentives to motivate the private sector for horizontal and vertical expansion in investment operations to support the move towards broadening and diversifying the Saudi economic base