Saudi Arabia's financial sector has undergone significant transformation as a result of Vision 2030, with reforms including the development of the Financial Sector Development Program and the emergence of the Saudi Exchange. The country has become a leading fintech hub in the Middle East, promoting innovation and digital payments. Saudi Arabia is also focusing on green finance, implementing sustainable laws and issuing green bonds. The country has increased its appeal to foreign investors and has established the National Debt Management Center to manage its debt. Financial literacy has also improved through initiatives such as the Financial Literacy Strategy and the inclusion of financial knowledge courses in school curricula.

Original article source: https://www.arabnews.com/node/2598579
Source Id: 2025-04-702312257