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  • 23-02-20

    KSA: economy to expand backed by its non-oil income

    (MENAFN) According to governor of Saudi Arabian Monetary Authority, backed by its non-oil income, KSA's economy is estimated to expand.


    Ahmed al-Kholifey informed in Riyadh, at the first gathering of the finance ministers and governors of the central banks of the Group of Twenty (G20).


    The governor said that, it was too early to see the whole economic damage made by the COVID-19.


    As said by Kholifey, "we have a positive view on the Saudi economy. The forecasts are positive, and growth is expected to be higher than last year, especially from the private sector."

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