Saudi Press: Saudi Economy is Solid against Coronavirus Crisis

  • 2/5/2023
  • 06:40
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Riyadh, March 29, 2020, SPA -- Saudi newspapers highlighted in their editorials today a number of issues at local, regional and international arenas. Al-Riyadh newspaper said in its editorial that during the time of the outbreak of coronavirus (COVID-19), the Saudi economy showed solidity and strength in face of this global crisis. The paper added that the Kingdom’s Vision 2030 focused on reducing the dependency on oil as a main source of income for keeping its economy strong against any different situations. Al-Eqtisadiah newspaper said in its editorial that Saudi Arabia’s bold, swift response to COVID-19 increased its global trust, citing the Standard & Poor's global rating that Saudi Arabia stands at A- with a stable outlook, which expected that the kingdom of Saudi Arabia will be able to keep a steady economic growth and obtain investment institutions trust. --SPA 09:21 LOCAL TIME 06:21 GMT 0002 www.spa.gov.sa/w1297012

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