Wednesday 20, December 2017 by Jessica Combes

KSA 2018 fiscal policy is loosening

 

Saudi Arabia’s 2017 fiscal deficit was higher than expected at 8.9 per cent, 1.1ppt higher than budgeted and 2.5ppt higher than the run rate for the first 9M, due to distribution of government bonuses that were previously reinstated and increased project spend.

Features & Analyses

Economics Adapting to a new era

  Abdullah Al-Fozan, Chairman of KPMG MESA and KPMG Saudi Arabia, provides an exclusive commentary on the Kingdom’s business… read more