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Macro - Country Economic Forecasts - Saudi Arabia

Publisher Oxford Economics
Published May 31, 2022
Length 8 Pages
SKU # OFE17209447

Description

Macro - Country Economic Forecasts - Saudi Arabia

Saudi Arabia sent a sizeable delegation of senior ministers to Davos, where it was praised by the World Economic Forum's president for its recent reform agenda. At the meeting, Saudi ministers indicated an accelerated increase in oil production by OPEC+ was not to be expected and the government may use higher oil revenues to lower VAT back to 5% from 15%.

Table of Contents

8 Pages
Saudi Arabia: Expect only gradual oil output increase, Davos delegates told
Forecast overview
Recent developments
Short-term outlook
Key drivers of our Short-term Forecast
Economic risk
Economic risk evaluation
risk warnings
What to watch out for
Exposure to Key global risks
Background
Economic development
Structure of the economy
Balance of payments and Structure of trade
Politics
Economic policy

Pricing

Currency Rates
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