VOL. XXXIX

No. 63

9-December-1996

SAUDI ARABIA

Saudi Arabia Contemplates Reform

As the Saudi monetary authorities prepare their budget for 1997, analysts are divided on what, if any, measures the authorities are likely to take to reduce structural imbalances in the economy and provide real growth in the Kingdom's per capita Gross Domestic Product (GDP). One school argues that the Saudi economy has enjoyed a robust 1996 and that it will be politically unfeasible for the government to introduce...