Middle East & North Africa Economics

Middle East Economics Update

18 December, 2018

Saudi budget: wishful thinking

Saudi Arabia’s budget for 2019 outlined further fiscal loosening but the government seems to be relying on optimistic assumptions for oil prices to rise to almost $80pb. If prices stay low as we expect, this stimulus is likely to be reversed in the second half of the year, weighing on growth in the non-oil sector.

Access this publication and more, take our free trial subscription today.

Free Trial

Already a subscriber? Simply log in to view this article.

Save to Library

New Book

Making a Success of Brexit
and Reforming the EU

by Roger Bootle

"Outstanding - engaging - absorbing"
Daily Telegraph

Buy now on Amazon

Get the App

The Capital Economics apps are a great way for clients to keep up to date with our latest research.

Capital Economics AppsFind out more
We use cookies to ensure you get the best experience on our website. Read our Cookie Policy for more information.