- 28 Sep 2020
- Our Thinking
- Middle East
- Investment Support
The coronavirus disease 2019 (COVID-19) pandemic will complicate the country’s economic diversification programme largely due to the drop in government revenue from oil sales, highlighting the need to accelerate economic diversification. In order to sustain funding for mega-projects while maintaining a low-risk sovereign profile, the government will seek to revive privatisation plans of state-owned assets, such as utilities companies and transport hubs, in the coming years.
