Standard Chartered expects Saudi GDP to shrink by 4.5% on oil production cuts
Standard Chartered said it
expects Saudi Arabia’s gross domestic product to contract by
4.5% year on year in 2020 against a previous expectation of a 5%
growth, mainly because of oil production cuts agreed among
international crude producers.
expects Saudi Arabia’s gross domestic product to contract by
4.5% year on year in 2020 against a previous expectation of a 5%
growth, mainly because of oil production cuts agreed among
international crude producers.
Posted by Reuters
