OEC Secretary General on Saudi Economy
The Secretary-General of the Organisation for Economic Co-operation and Development (OECD) affirmed that Saudi Arabia's economy is far more resilient than most countries in the region, thanks to diversified sources of income, economic reforms, and alternative methods of oil export. This gives the country greater flexibility to face energy shocks. The organization expects the Saudi economy to grow by around 4% in 2027, provided that the conflict in the Middle East, which affects energy prices, comes to an end. There is also growing investment in artificial intelligence and its potential role in supporting growth, despite risks associated with debt dependence and uneven returns.
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