(Bloomberg) -- Go inside the global economy with Stephanie Flanders in her new podcast, Stephanomics. Subscribe via Pocket Cast or iTunes.
Saudi Arabia's economy suffered after the detention of hundreds of royals, billionaires and government officials at the Ritz-Carlton hotel in Riyadh on corruption charges in 2017. But Bloomberg Economics' heat map of economic activity shows non-oil growth bouncing back to pre-purge levels. BE expects non-oil growth to average 2.6% this year, up from 2.1% in 2018, helped by fiscal stimulus, a lower drag from monetary policy and improved private consumption.
©2019 Bloomberg L.P.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
