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Riyad Capital projects GDP growth to accelerate in 2025, 2026
The firm sees GDP growth accelerating to 3.5% in 2025 and 4.2% by 2026
Vision 2030 reforms buffer Saudi from global uncertainty -IMF
The Fund downgraded its MENA growth forecast to 2.6%
GDP grows 2.7% in 1Q 2025 + Gastat updates 2023 figures amid wider revisions
Non-oil activity drove the expansion with 4.2% y-o-y growth
World Bank slashes our economic growth forecasts amid global recession fears
The broader MENA region is forecast to expand 2.6% in 2025 and 3.7% in 2026
IMF slashes the Kingdom’s growth prospects
The fund cut its growth forecast for 2025 by 0.3%
Brewing trade war to weigh on global growth, OECD says
It also sees inflation coming in higher than previously forecast
S&P Global Ratings upgrades Saudi’s credit rating to A+
Economic diversification and development of the capital market are set to mitigate rising sovereign debt
Fitch sees budget deficit widening to 3.8% of GDP this year
The forecast comes after Aramco decided to cut its dividends in 2025
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