VOL. XLIV

No. 15

9-APRIL-2001

SAUDI ARABIA

Saudi British Bank On Saudi Import Trends

While the relationship between government spending in Saudi Arabia and the nature and volume of imports is still strong, it is weakening as the private sector develops, according to the latest report of the Saudi British Bank on Trade and Saudi Arabia (March 2001). The report notes that historically government development policies have heavily influenced the nature of imports. For example, in the 1970s the focus...