News The guardian of the two holy mosques receives the annual report of SAMA



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King salmanCustodian of the two holy mosques, King Salman bin Abdulaziz received Wednesday the 55th annual report of the Saudi Monetary Agency (SAMA), which reviews the economic and financial developments in the Kingdom in 2018.

This happened when the custodian of the two holy mosques was greeted in his office at the Peace Palace in Jeddah, Finance Minister Mohammed Al-Jadaan, and Governor of the Saudi Monetary Agency. Mr. Ahmed Al-Khulaifi, and agents of the governor.

The guardian of the two holy mosques emphasized the important role played by SAMA in the service of the national economy and the achievement of the desired objectives, wishing everyone success.

For his part, Ahmed Al-Khulaifi said that the Saudi economy had registered a positive development in 2018 in most of its sectors. Gross domestic product at constant prices rose 2.4%, compared with a contraction of 0.7% in 2017, and oil sector GDP increased by 3.1%. Non-oil sector 2.2% and prices remained stable with inflation of 2.5%

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