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FinancialNews


  • 09-01-23

    Report: KSA’s expansion this year to be driven by non-oil, oil industry action

    (MENAFN) Saudi Arabia’s financial expansion in the new year is estimated to be triggered by the strong growth of the non-oil industry and maintained oil action, as shown by a report issued by consultancy company Strategic Gears.

    The recent report named, Annual Saudi Arabia Economic Outlook, studies the Kingdom’s macroeconomic performance as well as forecast for expansion, economic policy, inflation, the labor market, the external industry, the total business environment in addition to reform momentum.

    The Riyadh-located company’s specialist studied in the report the nation’s performance last year and forecast for 2023, on top of the advancement of transformation strategies as part of the administration’s Vision 2030 plans and things to look for next year.

    The report which talked about the figures from the lately issued Saudi budget for this year, in addition to others from the Saudi Ministry of Finance and the International Monetary Fund to collect the report.

    MENAFN09012023000045014228ID1105399711

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