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nly targets to decrease the subsidy for water and electricity by SAR200bn by 2020 and to expand the private sector contribution to GDP from 40.5%. e The Ministry of Commerce and Investment is looking to 1) reinforce the protection of the Saudi consumers; and, 2) develop SMEs by incentivizing the culture of entrepreneurship and supportin
Page: HOUSE_OVERSIGHT_016169 →ectricity subsidy decrease SARbn 0 200 NIA NIA Expand privatization of governmental services Private sector contribution to GDP % 40.5 NIA 20/27 36.4 Ministry of Commerce and Investment Boost entrepreneurship Number of established entities (LLC) # 50000 104000 NIA 347015 Boost SMEs Contribution of SME to non-oil GDP % 33 35 60 N/A
Page: HOUSE_OVERSIGHT_016169 →Pierce, Fenner & Smith Incorporated
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Merrill Lynch Global Wealth Management
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Merrill Lynch
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