2006 News Story

Finance Minister highlights strength of the Saudi economy

Minister of Finance Ibrahim Al-Assaf highlighted the strength of the Saudi economy in remarks to the press today.

Al-Assaf noted that the Kingdom posted a budget surplus, and that a surplus is also expected for this year. The general debt has also been reduced, he said. All of these indicators are excellent and promote investment in the Kingdom.

The Minister also said that the study on allowing expatriates to invest in the Kingdom’s stock market is currently underway.