Even at growth of 3.4 percent, Saudi Arabia’s economy will be the envy of most other large countries. That figure is above the average expected GDP (3 percent) of the G20 nations – of which the kingdom is one – according to Moody’s.
Budgeted spending is at another all-time high in 2013, as the government continues with its program to upgrade the human and physical infrastructure and spurring economic growth.
A recently released report by Jadwa Investment on Saudi Arabia's 2013 budget highlights the Saudi government's plans for record spending to sustain the Kingdom's economic expansion next year.
