The Economic and Energy Transformation in Saudi Arabia: Exploring the Role of Strategic Investments

  • Focus Area Models, Data and Tools Models, Data and Tools
  • Type Instant Insight
  • Date 3 October 2023
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Abstract

This Instant Insight reviews Saudi Arabia’s capital expenditure (central government capital expenditure + public investment fund [PIF] expenditure), which is a key component of its fiscal policy. Capital expenditure stimulates the primary goal of economic diversification, a structural shift in the economy toward higher value-added sectors providing greater opportunities.

Authors

Majed Almozaini

Majed Almozaini

Senior Associate Majed Almozaini is a Senior Associate in the Energy Macro & Microeconomics program. He is a Co-Chair of Think20 (T20)…

Majed Almozaini is a Senior Associate in the Energy Macro & Microeconomics program. He is a Co-Chair of Think20 (T20) India 2023 Task Force 3 on "LiFE, Resilience, and Values for Wellbeing".

Before joining KAPSARC, Majed worked as an Assistant Professor of Economics with a demonstrated history of working in professional training and team building. Majed has served as an Editorial Board Member and a supervising team leader for a study at the Riyadh Economic Forum. In addition, he had an excellent training period at the World Bank during the summer of 2018 and worked on project-event analysis (EA) in the International Monetary Fund (IMF).

Majed earned his M.A. in Economics from Middle Tennessee State University (MTSU) and a Ph.D. in Economics from Howard University, Washington DC.

Expertise

Publications See all Majed Almozaini’s publications

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