Saudi Arabia unveils plans for its 2016 spending budget


(MENAFN) Saudi Arabia is considered to be the biggest projects market in the Middle East with more than USD 1tr worth of projects.

However, despite fall in oil prices, the kingdom proclaimed plans for record budget spending in 2016, steering capital investments into transport, power and others.

On the other hand, the kingdom continues to be the main spender in the area through all zones of the economy, from major projects to consumer spending.

In addition, Saudi Arabia Strategies 2016 provides a complete view on the outlook for the Saudi Arabian economy over the coming five years.


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