Economic updates
Our in-depth, independent reports cover the macroeconomic environment, the Saudi government’s annual budget, and Saudi Arabia’s monetary and financial developments, labor market, and inflation.
2011 Saudi Budget
Budget reportA stimulatory budget was announced for 2011, authorizing huge government investment spending that will provide a major contribution to economic growth.
2010 Saudi Budget
Budget reportAnother aggressive budget was announced for 2010, with spending maintained at a very high level as the government seeks to ensure that the economic recovery in the Kingdom gains traction.
2009 Saudi Budget
Budget reportSpending has been raised in the 2009 budget compared with the budgeted total for 2008 in a clear sign that the government will push ahead with its investment program despite a sharp fall in oil prices and the weak global economic outlook.