Generating jobs
Hanaei also emphasised the importance of economic expansion and diversification (Tanfeedh) in generating jobs for the new economy.
“The people who lose jobs to automation can very well be employed by new jobs created by diversification. This is why expanding our economy towards a non-oil and gas future is really important.”
“Other needs such as infrastructure are also important. Fast broadband connections, for instance, are essential,” he said.