Nasser Saidi & Associates

Saudi Arabia’s economic diversification thrives amid global uncertainty

The Kingdom’s model for economic diversification is a success, say analysts, despite its continued reliance on oil
In the IMF’s latest report, it forecasts a deceleration in global economic growth, dropping from 3.4 percent the previous year to 2.8 percent in 2023, with an expected rise of 3 percent next year

By Rebecca Anne Proctor · 26 August 2023