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Saudi Arabia slashes growth forecasts, sees wider budget deficits

Saudi Arabias real GDP is expected to grow 0.8 this year, a dramatic drop from a previous estimate of 4.4, according to the latest government figures.

Posted by Hicham ALAOUI RIZQ on 2024, Oct 01

Introduction

Saudi Arabias real GDP is expected to grow 0.8 this year, a dramatic drop from a previous estimate of 4.4, according to the latest government figures.

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