Incredible improvement in Saudi Arabia
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Riyadh, the capital of Saudi Arabia
According to Al Arabiya News, IMD has conducted a study on 63 top economies in the world. There they have paid special attention to 4 sectors. Saudi Arabia has made incredible progress in all three of these four sectors.
The first
sector is economic performance. Earlier, Saudi Arabia was ranked 30th in the
sector, but in the new list, it is ranked 20th. Second sector business skills.
Saudi Arabia's position in the sector has risen from 25th to 19th. The third
sector is the infrastructure. Earlier, the country was ranked 36th in this
sector, but in the new list, they have moved to 36th place.
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| Riyadh, the capital of Saudi Arabia |
Arturo Bris,
director of the IMD's World Competitiveness Center, said Saudi Arabia had
improved in the shortest time among the countries on the list. The country is
now ranked 24th in the list of the world's largest economies. This year they
have focused on the infrastructure sector. Has undertaken large projects. In
this way, the country will go further on the list.
In this regard,
the Minister of Commerce of Saudi Arabia, Dr. Majid Al-Kasabi, said, "We
have gone one step further." As we move towards Vision 2030, we are
getting better results. Hopefully, the day is not far off when Saudi Arabia
will be on the list of the world's top 10 economies.
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