Middle East Economic Survey

VOL. LIII

No 34

23-Aug-2010

SAUDI ARABIA

NCB Sees Saudi Five-Year Plan As Welcome Reassertion Of Policy Priorities

The $385Bn five-year development plan approved by the Saudi cabinet on 9 August (MEES, 16 August) contains few policy surprises, NCB Capital Chief Economist Jarmo Kotilaine says in an 11 August report. The overriding elements of continuity in its strategic emphasis serve as a welcome reassertion of policy priorities that are absolutely necessary if the...