Growth this year will be faster than in 2019, 'especially in the private sector', according to central bank Governor Ahmed Alkholifey
Saudi Arabia’s GDP growth is projected to see an upturn this year, due mostly to progress in growth in the non-oil sector, central bank Governor Ahmed Alkholifey said.
Growth this year will be faster than in 2019, “especially in the private sector,” the Saudi Arabian Monetary Authority governor told reporters during a conference in Riyadh.
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On the global front, “major central banks are left with limited policy headroom to maneuver” and “unexpected tightening of financial conditions could have serious consequences for the real economy,” Alkholifey says