The World Bank's Regional Director for the Gulf Cooperation Council (GCC), Safaa Al-Tayeb Al-Kouqli, revealed that Saudi Arabia has achieved a great achievement in the non-oil sector, which supported growth and compensated for the slowdown in the oil sector.
It expects economic growth in the Kingdom for 2024 to be about 1.1 percent, but in 2025 and 2026, growth will rise to 4.7 percent due to increased oil production and growth in non-oil sectors.
She explained that the policies followed by Saudi Arabia are correct for the diversity and sustainability of the investments made by the Kingdom.
