Saudi Arabia's $53 Billion Non-Oil Stimulus May Last Beyond 2021

Published: 15/05/2019
Saudi Arabia's $53 Billion Non-Oil Stimulus May Last Beyond 2021
Source: FINANCE.YAHOO.COM

The program is earmarking 36 billion riyals to boost private-sector growth this year, on top of the 40 billion riyals already spent, according to Naif Al-Rasheed, managing director of the Private Sector Stimulus Office. The financing could continue beyond the original planned end date of 2021, according to Al-Rasheed, who’s in charge of allocating the money and monitoring its effectiveness. “The o

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