Middle East Economic Survey
VOL. XLIX
No 7
13-February-2006
Saudi Arabia
Saudi Economy Set For Strong Growth In 2006, Says Bourland
The Saudi economy is set for strong growth again in 2006, with nominal GDP above $350bn on the back of forecast strong oil prices, according to Samba Chief Economist Brad Bourland. Addressing the CERA Week conference in Houston on 7 February, Mr Bourland noted that the kingdom had posted a budget surplus since 2001 but remained challenged by its strong demographic...
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