Saudi Arabia’s Crown Prince Mohammed bin Salman Saudi Arabia’s crown prince laid out a 27 trillion riyal ($7.2 trillion) domestic spending and investment plan that relies heavily on commitments from the kingdom’s private sector to bolster growth over the next ten years. Domestic investments from private Saudi companies will amount to 5 trillion riyals over the coming decade, Crown Prince Mohammed bin Salman said in a televised speech on Tuesday evening. Central government spending will account for around 10 trillion riyals over the same period, while the sovereign wealth fund previously announced that it plans to invest 3 trillion riyals on top of that, he said. Another 4 trillion riyals from the 10-year plan will come from a not-yet-announced national investment strategy, while the final 5 trillion riyals will come from ordinary consumer spending. Prince Mohammed said the new investments would generate thousands of job opportunities and stimulate growth. […]