Saudi Arabia strengthens its economic position by adopting diversification policies


• “The contribution of the non-oil sectors to the Kingdom’s GDP is expected to increase until 2025 and beyond.”

The global site “Yahoo Finance” sheds light on the promising economic and social growth opportunities in the Kingdom, which are linked to the implementation of economic diversification policies, which will strongly enhance the future growth potential of the non-oil sector in the Kingdom, according to the site.

In the topic, which was translated by “Al-Youm” newspaper, the website said that the prospects for the macroeconomic environment in the Kingdom over the next five years are strong, and include aspects such as GDP growth, per capita output, fiscal and monetary policy, and demographics. And file medical care and health insurance.

According to the site, GDP growth is expected to gain further momentum in 2022, with the rapid pace of growth continuing until 2025, when it will reach the level of 2.5%. With the government’s pursuit of economic diversification within the framework of Vision 2030.

He added, “The contribution of the non-oil sectors to the Kingdom’s GDP is expected to increase until 2025 and beyond.”

He concluded: “The diversification policies will participate in strengthening the Kingdom’s economic position strongly in the coming years, and will achieve to a large extent what is stipulated in Vision 2030.”





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