You seem to know better than MBS!!
Get off the high horse Bro..
He said NEOM alone need a 10 million population..
Allowing the recruitment of Iraqi competencies in 331 professions through the Qiwa platform. (Okaz)
Most likely ..Egyptians, Jordanians, Sudanese and Moroccans too..
Crown Prince:
The limit for Riyadh is 25 million people and NEOM will take care of 10 million, and until 2030 NEOM will depend on government support and after that it will be sustainable.
Saudi Arabia has a very small population compared to its area, which is about 22 million local people... compared to the Emirates, about one and a half million citizens, Qatar is 400 thousand, Kuwait is within one million, and Bahrain may be 200 thousand... for very small land sizes..
Crown Prince's words are realistic and feasible..
The number of Saudis is now 22 million.. in 2030, the country is looking to reach 25 million, which means an increase of 3 million within 7 years..
The reproduction rate among Saudis is 2.4, and the required rate of population increase is 2.1..
Permanent residency will be calculated independently of other residencies as naturalization (Naturalization has been opened for talents only in limited numbers).. 5 million will get permanent residency.. witch will enable them to pump another 5 million visas.. and so on..
Now there are 17 million foreign workers and every year KSA is bring in 2 million more..
This means that visas will be stopped in 2026 because the number will reach 25 million foreigners..
If the number of visas is reduced to one million, KSA will reach 25 million foreigners by 2030.. easy calculus..
The goal of their increase is the amounts that they pay each month and to strengthen the Saudi market in terms of consumption. 25 million provide the government with $250 billion, and with the tax, the least is it will increases by $50 billion, which means almost $300 billion..
To be honest, the issue is a strategic shift, not an easy decision, and it has repercussions..