Middle East Economic Survey
VOL. LII
No 45
9-Nov-2009
SAUDI ARABIA
Economic Outlook Positive But Private Investment Low, Economists Say
Saudi Arabias short-term economic prospects look positive, due to rising oil prices, aggressive and timely government counter-cyclical policies and state-sponsored public investment initiatives, say reports released last week by a handful of banks operating in the Kingdom. But they agree that private sector lending is showing only limited growth, with banks...
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