This plan comes in the framework of the Saudi efforts to diversify its economic income away from the oil industry.
[1] Low oil prices cut Saudi Arabia's government revenue in half since 2013.
In addition to adapting to lower budgets, the government had to respond to rising demand for housing, education, electricity and water.
[3] On 22 December 2016, the Saudi government announced the NTP's Citizen’s Account Program, an update to the method of offering government subsidies for gasoline, electricity and high-cost living allowances to low and average income groups.
[4] The National Transformation Program is an action plan put in place by the Saudi government to diminish the country’s economic dependence on oil.