Saudis Not Afraid to Cancel Costly Vision 2030 Projects

Saudi Arabia is open to canceling some projects in its Vision 2030 program, the kingdom’s finance minister said, in some of the strongest public comments yet on the country’s willingness to backtrack on costly developments.

“We have no ego — absolutely no ego,” Finance Minister Mohammed Al-Jadaan said in a briefing in Riyadh. “If we announce something and we need to adjust it, accelerate it and make it a priority more than others, or defer or cancel it, we will without blinking.”