Saudi Arabia’s 2021 Budget – December 2020
2020 Performance: The budgeted deficit for 2020 is estimated to reach SAR298 ($79.5 billion) or 12 percent of GDP compared...
2020 Performance: The budgeted deficit for 2020 is estimated to reach SAR298 ($79.5 billion) or 12 percent of GDP compared...
Saudi Arabia is quickly becoming a leader in the growth of the global sukuk market as the government has pivoted...
Saudi Arabia Macroeconomic Developments: Saudi Arabia announced that international flights through its national carrier, Saudi Arabian Airlines, will resume to...
Saudi Arabia’s strategic geographic location at the intersection of Europe, Asia, and Africa positions itself to become a leading global...
Saudi Arabia Macroeconomic Developments: The IMF projects Saudi Arabia’s GDP will decline 5.4 percent in 2020 before rebounding 3.1 percent...
Saudi Arabia Macroeconomic Developments: Saudi Arabia’s GDP fell 7 percent in Q2 YoY amid lockdown measures that were fully lifted...
Saudi Arabia Macroeconomic Developments: The value of awarded contracts in Saudi Arabia totaled SAR11 billion ($2.9 billion) in Q2 2020,...
Saudi Arabia Macroeconomic Developments: Saudi Arabia’s goods exports decreased by 53.6 percent YoY in Q2, according to the General Authority...
Saudi Arabia Macroeconomic Developments: The YoY value of real estate transactions in Saudi Arabia increased 2 percent, or SAR2.7 billion...
The Ministry of Finance recently released both its official second quarter 2020 GDP report and preliminary budget statement for the...
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