Saudi prince unveils sweeping reform plan for economy

April 25, 2016 12:32 PM

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RIYADH Saudi Arabia's Deputy Crown Prince Mohammed bin Salman announced a sweeping reform plan on Monday that he said would transform the kingdom into a global investment power and wean the world's top oil exporter off crude by 2020.

Prince Mohammed, a son of the Saudi king who also serves as defense minister and head of the country's economic council, was giving his first nationally televised interview since his accession last year.

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