5 Hrs
Source:
الاقتصادية
Saudi economy remains resilient amid regional and global shifts
The report issued by the Saudi Council of Economic and Development Affairs stated that the national economy demonstrates resilience and robustness in the face of global and regional challenges, despite rising inflation pressures and tightening monetary policies by international central banks. The private sector has achieved steady growth, with the Purchasing Managers’ Index rising to 53.8 points in August 2026, and business confidence continuing to increase, reaching 56.7 points, reflecting the sector’s confidence in the future of the national economy. The report also indicated that Saudi Vision 2030 remains flexible and adaptable to changing circumstances, with ongoing efforts to diversify the economic base and enhance the participation of the private sector and citizens. Additionally, programs focused on quality and social protection, such as the Citizen’s Account, contribute to supporting and strengthening economic and social stability.
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