Saudi economic landscape to grow by 5.3 percent: study
Al Arabiya | Lucien Zeigler | 7.31.12
Saudi Arabia’s economic landscape is expected to see an average growth of 5.3 percent over the year, which is likely to impact oil and non-oil sector positively, according to a report released by the Riyadh Chamber of Commerce and Industry and published in Arab News on Tuesday.
According to the report, government spending will remain the primary growth driver for the national economy as the private sector depends on the volume of government spending in its activity, the report said.