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Transformative reforms promise ‘bright future’ for Saudi economy

Writer: Caline MalekCaline Malek
Jul 15, 20191 min read

  • Credit rating agencies Moody’s and Fitch have rated Saudi Arabia as having a stable outlook thanks to its economic reforms, as the government aims to achieve fiscal balance by 2023.

  • The sharp and continuous drop of oil prices has pushed Saudi policymakers to rethink their spending and revise their policies.

The Arab Weekly



 
 
 

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