World Bank says Saudi economy "very strong", public finance improves significantly

03/12/2021 Argaam


Saudi Arabia flag

Saudi Arabia's economy is very strong, Al Eqtisadiah newspaper reported, citing Issam Abu Sulaiman, the World Bank's Regional Director for the GCC.

 

He added that this is due to the Kingdom's ability to control COVID-19 pandemic locally and higher oil prices amid the global economic recovery.

 

Abu Sulaiman confirmed that the Saudi public finance improved significantly, exceeding the World Bank's expectations at the beginning of 2021.

 

This gave the state a financial impetus to complete its ongoing reforms faster, the bank noted.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read