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Saudi Capital to Cut Population Goal as City Reviews Strategy [BNN Bloomberg (Canada)]
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Crown Prince Mohammed bin Salman's multi-trillion dollar agenda to diversify the kingdom's economy. Riyadh is eyeing 10 million residents by the start of the next decade, according to people familiar with the matter, who asked not to be identified discussing private information. The Royal Commission for Riyadh City said the current goal stands at 15 million and that it's undertaking reviews of the Riyadh City Strategy's targets and sectors. Read More: Saudi Arabia Wants Its Capital to Be a Place You'd Want to Live The move comes as Saudi Arabia, which is working to transform into a new global hub for everything from tourism to metals mining and chip making, reconsiders its top priorities for Vision 2030. The kingdom has been planning for an influx of foreign workers and international tourists that would help the country pull in revenue from a wider range of sectors. Riyadh's population is estimated to grow by 1.8% this year to reach more than 7.8 million people and cross 8.5
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