Skip to main content

Saudi Arabia can stick with its loose fiscal stance (for now)

Saudi Arabia’s budget deficit widened further at the start of this year and, for now at least, the government seems comfortable with maintaining the loose fiscal stance and issuing more debt. If oil prices fall back further as we expect, however, a return to fiscal consolidation is likely. That would weigh on growth in the non-oil economy.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services

Get access