Evolution of the regional banking ecosystem has propelled economic growth in recent years, and continues to progress apace
The government could still face a budget deficit of over 13 per cent of gross domestic product in 2020
The International Monetary Fund is predicting a 6.8 per cent contraction for Saudi Arabia this year
The programme is aimed at helping banks amend and restructure loans without additional fees and support private sector employment
The government is looking to its largest-ever debt programme to keep the depletion of reserves limited to SAR120bn
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