Al-Marsad Newspaper: Moody’s, the credit rating agency, expected the growth of the real GDP in Saudi Arabia to 2.5% in 2023, and to 3.1% in 2024, compared to its expectations last November.
Moody’s had expected real GDP growth of 1.7% in 2023 and 2.6% in 2024.
Moody’s stated that raising its expectations for the growth of the Saudi economy reflects its expectations of continued strong non-oil private sector activity.
