Rebounding from the COVID-19 induced slump in 2020, Saudi Arabia is expected to become the fastest growing major economy, with 2022 real GDP growth rate estimated to reach 9.6%. Amidst the changing socio-economic developments, business reforms and economic diversification being undertaken as part of the Kingdom’s Vision 2030 initiative, it is imperative to understand the near and medium-term growth prospects of the country. Going forward, which sectors will be the frontrunners of Saudi Arabia’s economic growth as the nation weens off its dependence on oil? Which industry specific policy initiatives will help Saudi Arabia become a global investment powerhouse?
• This Saudi Arabian macroeconomic thought leadership provides a growth snapshot of the country through the identification of growth conditions and policy reviews.
• Decision makers and investors can also leverage insights into the evolution of mega trends under Saudi Arabia’s macroeconomic conditions, and also assess potential industries that will help bolster their growth opportunities.
• A key feature of this piece is the focus on Saudi Arabia’s Vision 2030 scenario, and how businesses can leverage long-term developments and policy reforms to drive sustainable investment opportunities.
• It also covers crucial macroeconomic sections that will provide an in-depth analysis of the country’s future growth prospects.
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