Saudi GDP expected to grow 2.3% in 2018, 3.8% in 2019 | ZAWYA MENA Edition:
"Several economies in the Middle East are set for transition in 2018, implementing new policies to tackle economic and financial vulnerabilities, and lay the ground for more diversified growth. "We expect a pickup in economic growth in the coming couple of years, but business should remain aware of risks to recovery," the latest ICAEW Economic Insight report revealed. In Saudi Arabia, a gradual easing in social restrictions should remove constraints to growth. Lebanon’s economy has suffered from a combination of political upheaval and the cost of hosting 1.5 million refugees over recent years. But progress has been made on a number of fronts through 2017, and though challenges remain substantial we do expect a recovery in confidence and activity in the years ahead. "
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