Unfinished Business, Challenges Ahead and Conclusion

Mohamed Ramady ()

Chapter Chapter 4 in Financial Regulation and Liberation, 2021, pp 59-83 from Springer

Abstract: Abstract Various SAMA and government measures to mitigate COVID-19 effects are examined, as well as FDI inflows over time and its importance to implement Saudi Arabia Vision 2030 program. The Vision 2030 Financial Plan and its adjustment in the COVID era is assessed, as well as key pillars are examined. The long planned GCC Monetary Union is revisited and whether it would take place in face of national autonomy concerns and differing GCC pegged currency policies. The G20 Saudi Presidency is examined as well as the workings of the various G20 specialist tracks and Saudi stakeholder participation and initiatives in circular carbon economy implementation. Future challenges facing Saudi Arabia are examined exam including rising debt concerns and prospects for economic diversification.

Keywords: COVID-19; FDI; Vision 2030 Financial Plan; GCC Monetary Union; G20; Aramco; Kafalah; Circular Carbon Economy; Oil Price; OPEC (search for similar items in EconPapers)
Date: 2021
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DOI: 10.1007/978-3-030-68267-5_4

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