term. * Intensify efforts in the areas of privatization, Saudization and economic diversification in order to improve productivity, enhance the economy's competitiveness, boost the private sector's contribution to GDP and replace non-Saudi labor with Saudi manpower. * Maintain adequate levels of monetary liquidity, upgrade the efficiency of the banking sector, and increase credit facilities to the private sector, with the aim of boosting investment, while maintaining low inflation and ensuring stability of the Saudi Riyal.