Sunday 14, January 2018 by Jessica Combes

$20billion price tag for growth in Saudi Arabia–BofAML

 

Royal payments and security spending should drive overspending of c$20 billion (three per cent of GDP) in 2018, while fiscal impulse could push real non-oil GDP growth towards c2.5 per cent, according to BofAML MENA Economist Jean-Michel Saliba.

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