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.

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

The Economic and Energy Transformation in Saudi Arabia: Exploring the Role of Strategic Investments
This Instant Insight reviews Saudi Arabia’s capital expenditure (central government capital expenditure + public investment…
3rd October 2023
Stagflation: Should the Oil Industry Worry?
This Instant Insight reviews Saudi Arabia’s capital expenditure (central government capital expenditure + public investment…
9th January 2023