The Impact of Fiscal Policy on Non-Oil GDP in Saudi Arabia

Fakhri J. Hasanov, Nader AlKathiri, Saad Alshahrani and Ryan Alyamani
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Ryan Alyamani: King Abdullah Petroleum Studies and Research Center

Discussion Papers from King Abdullah Petroleum Studies and Research Center

Abstract: A clear objective of Saudi Vision 2030, the strategic roadmap for the future of the Kingdom of Saudi Arabia, is to put the non-oil sector at the heart of the country’s economic development. The vision realization programs (VRPs), such as the National Transformation Program and Fiscal Balance Program (FBP), have established initiatives and targets to help develop the non-oil sector. It is important, then, to explore the role fiscal policy can play in developing the country’s non-oil sector.

Keywords: Capital Expenditure; Econoimic growth; Fiscal policy; Government expenditure; Non-oil economy (search for similar items in EconPapers)
Pages: 50
Date: 2020-07-19
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https://www.kapsarc.org/research/publications/the- ... p-in-saudi-arabia-2/ First version, 2020

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Persistent link: https://EconPapers.repec.org/RePEc:prc:dpaper:ks--2020-dp14

DOI: 10.30573/KS--2020-DP14

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