World Bank expects Saudi economy to grow by 3.3% in 2024
- Date: 07-Jun-2023
- Source: Eye of Riyadh
- Sector:Financial Services
- Country:Saudi Arabia
World Bank expects Saudi economy to grow by 3.3% in 2024
Saudi Arabia's economy is set to grow by 3.3% and 2.5% in 2024 and 2025, respectively, said the World Bank, in a report issued today. It pointed out that this growth is driven by government investments and continued strong activity in the services sector. The bank also reiterated its forecast for the growth of the Saudi economy at 2.2% in 2023, which it announced last May, in light of
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