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Increased government spending and progress on giga-project developments provide a catalyst for future investment
opportunities in Saudi Arabia.
With stronger oil revenues and progress on new social reforms, GDP growth levels are expected to register 2.4% in 2018 according to Oxford Economics, up from -0.9% in 2017. 2019 is expected to witness ongoing activity on the back of the Kingdom's largest ever expansionary budget (SAR 1 trillion in spending), and commitment to driving economic growth in line with Vision 2030's objectives.
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04 February 2019