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HomeMiddle eastThe growth rate in Saudi Arabia is expected to increase to 7.5%

The growth rate in Saudi Arabia is expected to increase to 7.5%

Entertainment world Entertainment world August 10, 2022

 In Saudi Arabia, the growth rate is expected to increase from 3% to 7.5% during the current year.

According to the lesson website, this growth rate is the highest among G20 countries.

The international magazine Economist has said that the growth rate in Saudi Arabia is due to the increase in oil market prices.

The magazine has said that "Oil supply is affected due to the Russia-Ukraine war, which will affect the growth rate in the G20 countries".

The report published in the magazine states that "Russia-Ukraine war is expected to continue till the end of 2022, due to which inflation will increase and growth rate will decrease in various countries".

The magazine said that "among the G20 countries, Russia will be the most affected and its growth rate will decrease by 10 percent by the end of this year."

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