Reforms and Tourism Recovery Push Saudi Economic Liquidity to Highest Levels

  • Riyadh, Kingdom of Saudi Arabia
  • 11 July 2024
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Data from the monthly statistical bulletin of the Saudi Central Bank (SAMA), showed that liquidity levels achieved a monthly increase of 1.2 percent, compared to 2.79 trillion riyals ($ 743.7 billion) at the end of April, and recorded a growth since the beginning of the year by 4 percent, an increase of approximately 105 billion riyals ($ 28 billion).

Liquidity in the Kingdom's economy rose to its highest levels by the end of May (May) of this year, to record 2.825 trillion riyals ($ 753 billion), achieving an annual growth of 8.6 percent and an increase of more than 222.9 billion riyals ($ 59 billion), compared to the end of the same period of the previous year.

Source (Al-Sharq Al-Awsat Newspaper, Edited)

 

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