MENA is open for business Future Investment Initiative 2019 Day 3

The discussion focused on the economic outlook and reform efforts in the Middle East and North Africa (MENA) region, particularly within the Gulf Cooperation Council (GCC) countries. It emphasized the need for rigorous structural reforms to achieve a more dynamic and resilient economy, with a focus on private sector involvement in driving economic growth and job creation. The panel highlighted the significant reform efforts undertaken by Saudi Arabia through its Vision 2030 initiative, resulting in improvements in non-oil sectors and business environments. The importance of fiscal policies, economic integration within the GCC, and the role of the private sector in addressing fiscal reform challenges were also addressed. The panel underscored the commitment to long-term economic stability, resilience, and growth across the MENA region, emphasizing the need for continued collaboration and support for comprehensive economic reforms.