Saudi Arabia shifting fiscal policy to further boost non-oil growth in 2024: Fitch  News

RIYADH: Saudi Arabia’s plan to run a modest budget deficit of 2 percent of gross domestic product marks a “notable departure” from its previous fiscal trajectory, Fitch Ratings has declared.

According to the US-based agency, the Kingdom is placing “significant emphasis” on nurturing non-oil economic growth and advancing various key priorities outlined in the Vision 2030 strategic development plan.

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