Billy FitzHerbert: ALL BLOG POSTS
Following GDP growth of 1.5% in 2019, a shift to a more expansionary fiscal stance in response to the Covid-19 pandemic and associated global economic headwinds during the first half of 2020 has helped Abu Dhabi to establish a springboard for continued inclusive growth in the years ahead. While public spending and strategic investment remain important drivers of the emirate’s economic expansion plans, a major overhaul of the investment framework at both the emirate and the national level has been designed to harness the power of private capital and expertise in Abu Dhabi’s ongoing knowledge-led development efforts.
Saudi Arabia's response to the Covid-19 pandemic was aided by sustained investments in health care and digital infrastructure, favourable demographics, and strong macroeconomic indicators prior to the outbreak. This latest report takes a closer look at how the country has mitigated the challenges so far, and focuses specifically on how the ICT sector has coped with rapid changes in demand and consumption patterns, as well as the emergence of new growth opportunities in the digital economy.
