Although Saudi Arabia’s economy has been affected by the slump in the oil price, its economic response to the Covid-19 pandemic has been aided by low public and private debt, a strong credit rating and high foreign exchange reserves. This latest report looks at what fiscal and monetary policy actions have been taken to address the challenges, and focuses on how the banking sector responded to shifting demands for liquidity, debt relief and digital financial services.
Report: How has Saudi Arabia's banking sector responded to the Covid-19 crisis?
Saudi Arabia | Economy