Riyadh – Mubasher: Saudi Arabia’s Nominal GDP will grow by 0.9% in the fiscal year 2019, primary estimates showed.
The kingdom’s real GDP went up by 1.1% in the first six months of the year which reflects the progress achieved in the economy, Saudi finance minister Mohammed Al-Jadaan said in a statement.
The non-oil economy rose by 2.5% in H1-19, Al-Jadaan revealed, adding that its growth will continue to accelerate.
The top official noted that Real GDP is expected to grow by 2.3% in the fiscal year 2020.
