PIF's Role in Achieving Sustainable Development Goals(Applied study on the Kingdom of Saudi Arabia)

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Abstract

This study seeks to clarify the importance of the Public Investment Fund in supporting the Sustainable Development Goals. It focuses on the effective role played by the Fund in driving economic and social transformation in the Kingdom of Saudi Arabia, especially within the framework of global trends towards sustainability and the Kingdom’s Vision 2030.
The study used a descriptive and analytical approach, analyzing the policies and strategies adopted by the Fund, in addition to reviewing practical examples of projects implemented.
The study concluded that it is necessary to adopt the idea of good governance for the performance of sovereign wealth funds and to identify areas for long-term investment. Related to this is the role of the government, which seeks to enhance the role of the sovereign wealth fund with the need to establish clear independence between the government as a promoter of investments and as an owner of the sovereign fund in order to avoid political interference that may erode the ability of the fund to achieve its financial and economic goals effectively.
Keywords: PIF, Sustainable Development, Vision 2030, Long-Term Investment.

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