“Saudi Arabia’s economy is in danger because of bin Salman’s’ imaginary ‘projects,” Reuters reported, citing economists’ warnings of the dangers of Saudi Arabia’s “Vision 2030“.
Reuters added: “In this context, Fahd al-Mubarak, the new governor of the central bank, faces the critical task of balancing the need to maintain cash reserves and potential support for investment programs.”
The agency quoted Monica Malik, a senior economist at the Abu Dhabi Commercial Bank, as saying “There will be more pressure in the monetary sector to help revive economic activity, and there will be a greater focus on supporting the growth goals of the public investment fund, including financing.”
The agency’s observers noted that “Saudi Arabia suffers from a financial gap in public investment fund programs and must be filled through a series of measures, including a possible capital injection from the Saudi monetary agency.”
“Saudi Arabia’s economy is in danger because of bin Salman’s’ imaginary ‘projects,” Reuters reported, citing economists’ warnings of the dangers of Saudi Arabia’s “Vision 2030”.
Reuters added: “In this context, Fahd al-Mubarak, the new governor of the central bank, faces the critical task of balancing the need to maintain cash reserves and potential support for investment programs.”
The agency quoted Monica Malik, a senior economist at the Abu Dhabi Commercial Bank, as saying “There will be more pressure in the monetary sector to help revive economic activity, and there will be a greater focus on supporting the growth goals of the public investment fund, including financing.”