Saudi Arabia will 'downscale' some Vision 2030 projects like Neom amid 'challenges,' minister says

WEF

• Saudi Arabia's Neom project secured a $2.7 billion credit line from local lenders. 
• The Saudi finance minister said the kingdom was "very pleased" with progress on Vision 203 goals. 
• He said "challenges" meant adjustments would be made to some aspects as required.

Saudi Arabia is trying to counter reports that its Neom project is struggling.

Finance minister Mohammed Al Jadaan told a World Economic Forum...