Analysts: Saudi economy could shrink in 2023
- Date: 07-Jun-2023
- Source: Al Bawaba
- Sector:Financial Services
- Country:Saudi Arabia
Analysts: Saudi economy could shrink in 2023
ALBAWABA – The Saudi economy is likely to shrink by 0.5 percent in 2023 in light of the oil production cut the Kingdom of Saudi Arabia announced on Sunday, according to Capital Economics.