Despite the global environment of lower oil prices, the Kingdom maintains its counter-cyclical economic policy in the 2015 fiscal budget. It continues to highlight the government’s intention to stimulate the economy. The investment spending to remain elevated at US$ 76 billion in 2015 which will support healthy economic growth and provide encouragement and opportunities for the private sector at a time of global and regional uncertainty.
Last Modified Date: 15/07/2021 - 12:07 AM Saudi Arabia Time