Spurred by the collapse in oil prices, Saudi Arabia has come up with Vision 2030, a plan to lower its dependence on oil exports and diversify the economy. However, the Kingdom faces a tough balancing act, as it seeks to trim its fiscal deficit through a period of prolonged low crude oil prices, whilst dealing with increasing youth unemployment.

Will Saudi Arabia be successful in achieving their Vision 2030? BFM explores.

This is a report by Lee Sheung Un and Keith Kam.