Thursday, July 4, 2024 06:27 PM
The Prime Minister addresses pressing economic issues at the World Economic Forum, emphasizing reform in power and revenue sectors to drive sustainable growth.
The Prime Minister addressed the Meeting for Global Collaboration, Growth, and Energy for Development at the World Economic Forum in Riyadh, highlighting the pressing issues facing the country's economy. He emphasized the urgent need for reform in the power and revenue sectors, acknowledging the current state of crisis.
With the power sector in shambles and the revenue sector in tatters, the Prime Minister's speech shed light on the challenges hindering economic progress. The power sector's inefficiencies have been a longstanding issue, leading to frequent blackouts and hindering industrial growth. Additionally, the revenue sector's struggles have impacted the government's ability to fund essential services and infrastructure projects.
The Prime Minister's resolve to address these issues signals a commitment to revitalizing the economy and fostering sustainable growth. By acknowledging the challenges openly on a global platform, he has set the stage for potential reforms and collaborations to drive economic development.