Middle East Economic Survey

VOL. L

No 8

19-Feb-2007

SAUDI ARABIA

Saudi Economic Growth To Slow In 2007 Due To Oil Market Weakness, Says Samba

Oil market weakness will cause Saudi Arabias economic indicators to deteriorate in 2007, said Samba in The Saudi Economy: 2006 Performance, 2007 Forecast. Real GDP growth will slow and fiscal and current account surpluses will probably narrow. However, Samba expects 2007 to be a pivotal year in which the economic boom spreads beyond the oil sector. According...