Middle East Economic Survey
VOL. LIII
No 8
22-Feb-2010
SAUDI ARABIA
Jadwa Sees Government Spending Pushing Saudi Economic Growth In 2010
The Saudi economy is likely to improve this year with real GDP growth projected at 3.8%, largely on the back of high government spending, according to Jadwa Investments 2010 economic outlook for the Kingdom. The current account surplus is likely to widen, with Jadwa also forecasting a budget surplus of $15bn, compared to the $70bn deficit outlined...
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