{Kantakji Group}. Add '11573' The Saudi economy in 2013

Best Regards ,,,,

Nawaf Y. Husein

Faculty Member
 Msc, CRP , CLBB
 Saudi Training Society Member

 Institute of Banking
 Saudi Arabian Monetary Agency ( SAMA)
  P.O.Box : 10820   Riyadh 11443 Saudi Arabia
 Tel : + 966 1 463 3000   Ext. 3825
  Fax: + 966 1 466 2368
  Mobile : + 966 55 48 44 828
  http://www.linkedin.com/pub/nawaf-abu-hejleh/28/342/64a
  SKYPE : abuhejleh2 

 

Dear all,

 

We expect another year of solid economic performance in 2013. Non-oil growth will be strong and inflation should slightly ease. Lower oil production will cause total real economic growth to slow, and combined with lower oil prices, will reduce the budget and current account surpluses. High government spending will remain the engine of the non-oil economy.

 

Regards,