?The rule of the Al Saud family is not expected to encounter any fundamental challenges in 2009-10, with t..."> ?The rule of the Al Saud family is not expected to encounter any fundamental challenges in 2009-10, with t..."/>
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Country Report Saudi Arabia

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?The rule of the Al Saud family is not expected to encounter any fundamental challenges in 2009-10, with the opposition fragmented and suppressed. ?Government policy will focus largely on economic development and will prioritise shoring up economic growth in the face of the global recession. Municipal elections have been postponed to 2011 from 2009. ?Having increased crude production capacity to 12.5m b/d, Saudi Aramco, the state oil firm, will increasingly focus on oil and gas exploration efforts and on investment in new refineries, including two major point ventures. ?Real GDP is projected to shrink by 1% in 2009, the first such contraction for a decade. Growth should recover to 3.3% in 2010 as oil output expands gently and government spending continues to rise. ?Based on our oil price assumptions and expectations of strong spending increases, the central government budget is forecast to record a small deficit in 2009, its first since 2002, before returning to surplus in 2010. ?The current account is forecast to record a surplus of 5.6% of GDP in 2009, with the price of dated Brent Blend averaging US$62/barrel, rising to 10% of GDP in 2010, as oil prices rise to a forecast average of US$74/b that year.

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1984.1
Tersedia
Informasi Detail
Judul Seri
-
No. Panggil
330.953.805 ECO C
Penerbit
London, United Kingdom : Economist Intelligence Unit (EIU).,
Deskripsi Fisik
44 hal. : 26,9 x 21 cm.
Bahasa
English
ISBN/ISSN
0296-6215
Klasifikasi
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Tipe Isi
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Tipe Media
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Tipe Pembawa
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Edisi
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Subjek
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Info Detail Spesifik
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Pernyataan Tanggungjawab
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