Highlights the latest economic developments in Saudi Arabia with macroeconomic and sector-specific briefs based on current market trends in the Kingdom.
Monthly Economic Briefs
The budgeted deficit for 2020 is estimated to reach SAR298 ($79.5 billion) or 12 percent of GDP compared to SAR133 billion ($35.5 billion) or 4.5 percent of GDP in 2019....
Saudi Arabia is quickly becoming a leader in the growth of the global sukuk market as the government has pivoted to deficit spending to fund its expenditures and flagship Vision […]
Saudi Arabia’s strategic geographic location at the intersection of Europe, Asia, and Africa positions itself to become a leading global logistics hub by promoting the ease of movement of people […]
The Ministry of Finance recently released both its official second quarter 2020 GDP report and preliminary budget statement for the 2021 fiscal year.
Among the ten delivery programs established in 2017 to realize Vision 2030, the Financial Sector Development Program (FSDP) has seen substantial progress despite the economic downturn stemming from the COVID-19 […]
The COVID-19 global pandemic has forced governments to grapple with significant social and economic changes in a short period of time.