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Saudi economy forecast for 2026-2027
Bloomberg survey forecasts indicate that the Saudi economy may grow by 0.6% in 2026, with expectations of further recovery in 2027 bringing growth to 6.1%. Despite regional tensions, attacks by the Houthi militias, and pipeline disruptions, Saudi exports through the Strait of Hormuz increased to compensate for production stoppages, while rising oil prices contributed to higher government revenues. The projections highlight that economic stability hinges on geopolitical challenges and developments in the oil market.
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