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Weak Saudi investment flows point to economic trouble ahead
Away from the spin and razzmatazz of last month’s Future Investment Initiative (FII) conference in Riyadh, analysts are starting to question whether the sums underlying the economic reform initiatives being pursued by Saudi Arabia really add up. McKinsey & Company, the chief architect of the Vision 2030 strategy, has previously estimated that $4trn of investment is needed to implement the sort of wide-ranging economic reforms it has suggested for the country.
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