Total assets managed by PIF hit SR2.81 trillion

The total assets managed by the Public Investment Fund reached 2.81 trillion riyals, compared to the baseline of 0.72 trillion riyals, exceeding the target for the year of 2.7 trillion riyals, while the vision target is estimated at 10 trillion riyals.

93 companies were established in the Public Investment Fund’s portfolio in 2023, compared to 71 companies in 2022, and the Fund provided 644,000 direct and indirect jobs, compared to 500,000 in 2022.

This came during the annual report of Saudi Vision 2030 for the year 2023, which highlighted the performance of the programs to achieve the vision in the year 2023.

The share of non-oil exports in the non-oil GDP reached 24.1%, compared to the baseline of 18%, and the target for the year is 36%, and the vision target is 50%, while the unemployment rate among Saudis reached 7.7%, compared to the baseline of 12.3%, exceeding the 2023 target. The target is 8%, while the vision target is 7%.