08.06.2020 | Could Saudi austerity hit foreign investment?

The pandemic has prompted measures that threaten to undermine the crown prince's ambitious economic transformation plans.

Click here to read the Alaco article in International Investment.

A foreign investment recovery in Saudi Arabia following recent confidence-sapping reputational crises may be put at risk by Riyadh's attempts to cushion the dire financial impact of coronavirus with unprecedented austerity measures, including tax hikes and cuts to a flagship domestic economic programme.