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Saudi Central Bank (SAMA) · Press Release

Governor of SAMA: FY2025 Budget Boosts the Kingdom’s Economic Growth Trajectory

محافظ البنك المركزي السعودي: ميزانية 2025م تعزز مسار النمو الاقتصادي للمملكة

No action neededAwareness

The Governor of the Saudi Central Bank (SAMA), Ayman Al-Sayari, congratulated the Custodian of the Two Holy Mosques and the Crown Prince on the approval of the state's general budget for fiscal year 2025, aimed at boosting sustainable development, economic growth, and private sector empowerment. He stated that the Saudi economy has shown strong resilience amid global economic challenges, noting sound monetary conditions from prudent monetary policy and a well-capitalized, liquid, and efficient banking sector, and affirmed the central bank's continued role in maintaining monetary and financial stability in support of Saudi Vision 2030.

PublishedNovember 26, 2024
Effective
GazetteNot gazetted
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