Saudi Arabia is a kingdom in the Middle East that has become dependent on oil. The large amount of oil sources put that kingdom in an unpleasant situation in which it did not have sufficiently developed other economic sectors and branches. Seeing this, Prince Mohammed bin Salman launched the Vision 2030 plan, which plans to implement a complete diversification of the economy in order to develop all other economic branches and end the dependence on oil. The vast majority of the Vision 2030 plan is based on the use of government spending to initiate certain projects and stimulate those economic sectors that have long been forgotten in this country. This paper studies exactly that, the excessive use of government spending and its impact on the economy. Analysis of key projects, government revenues and expenditures, and GDP and GDP structure led to the conclusion that in the observed time period, excessive government spending had a positive impact on the economy. The share of oil activities in GDP decreased and the GDP of Saudi Arabia's oil industry decreased. Apart from that, the share of oil revenues in total revenues decreased, but unfortunately due to events on the other side of the world, this figure increased again. From the analyzed projects, it was concluded that only one project is unsuccessful and is not going according to plan so far, while all other projects in 2024 and earlier have already fulfilled the expectations that were set for them in 2030. It can be concluded that this country has successfully implemented its plan and has ended its dependence on oil and the unhealthy relationship it had with the oil sector. Other sectors have improved and account for an increasing share of Saudi Arabia's total GDP. Expenditures have increased, but with good reason and they are being used efficiently. It remains to be seen whether Saudi Arabia will continue to stick to its plan.