VOL. XLIV

No 30

23-July-2001

SAUDI ARABIA

SAMBA Predicts Quality Real GDP Growth Of 1% In 2001 Reversing Earlier Projections

Economic growth in Saudi Arabia in the year 2001 may not be dramatic but will be of improved quality and, unlike in the year 2000, not driven by oil revenues. So says the latest report on the Saudi economy, The Saudi Economy: Mid-Year 2001 Update, August 2001, produced by Saudi American Bank (Samba) Chief Economist Brad Bourland, which forecasts both real and...