The Shura Council approved Wednesday the draft Public Investment Fund (PIF) law, aimed at strengthening the role of the PIF towards achieving the objectives of the Kingdom’s Vision 2030. The amended draft law consists of several new provisions in the existing law with an increase in the number of articles from 10 to 32. The new amended law keeps pace with the Vision’s goals and aspirations of PIF to become a leading global sovereign fund. Assistant President of the Council Yahya Al Samaan said in a press statement after the meeting that the council took the decision after hearing the views of the committee of economy and energy on the opinions and viewpoints on the draft law during the deliberations in the previous session.