Saudi Arabia's Crown Prince Mohammad bin Salman has hailed the kingdom's economic progress in a statement marking his grandfather's approval of the 2024 budget. He said the government's commitment to structural reforms had helped increase the pace of sustainable economic growth, which was reflected in the growth of non-oil activities. The upcoming fiscal year's budget includes increased government spending on infrastructure upgrades, improved services for citizens and residents, and economic sector development. The crown prince said the government would continue to develop public finances to maintain sustainable levels of public debt and face any future crises. He emphasized the importance of enhancing public-private partnerships to encourage economic diversification and job creation. Saudi Arabia plans to attract 150 million visitors by 2030 and work on developing the industrial sector to raise industrial GDP threefold by 2030 to support non-oil exports. The government is supported in these efforts by the Public Investment Fund and the National Development Fund. The crown prince said the kingdom would continue its regional and global leadership, promoting security, stability, and value chains that support economic growth around the world. Finally, he reaffirmed Saudi Arabia's commitment to increasing its attractiveness as a base for both local and foreign investment by diversifying all sectors of the economy.