Middle East Economic Survey

VOL. XLVIII

No 4

24-January-2005

SAUDI ARABIA

Government Spending, Infrastructure Projects To Spur Saudi Growth in 2005, Says Samba

The strong growth of the Saudi economy in 2004 is expected to continue in 2005 on the back of high government spending, a pick-up in infrastructure projects, and the dynamism of the private sector, according to a new report by Samba. Brad Bourland, Sambas Chief Economist, says that the economy will enjoy a strong fiscal stimulus from the...