Riyadh – Mubasher: The foreign reserves of the Saudi Arabian Monetary Authority (SAMA) tumbled with a lower ratio during 2017, Aleqtisadiah newspaper on Thursday reported, citing SAMA’s governor Ahmed Al-Kholifey as saying.
The foreign reserves are expected to fall with lower ration in the future, in line drop in Saudi budget deficit, Al-Kholifey added.
Saudi Arabia currently launched a lot of large projects that will encourage the private sector for more investments, Al-Kholifey concluded.
