Moody’s said that the Saudi economy grew by 10.2 % during the first nine months of 2022. Experts confirmed to Asharq Al-Awsat that the government’s programs and initiatives succeeded in enabling the private sector to achieve desired goals of diversifying the country’s sources of income.
According to Moody’s report, Saudi economic growth was driven by the recovery of oil production and the rapid growth in the non-oil sector.
