COVID-19 economic impact and Saudi stimulus package effectiveness / Nahla Samargandi
This study examined baseline macroeconomic structure, economic impacts of the COVID-19 lockdown, and government stimulus package effectiveness to mitigate pandemic impacts in Saudi Arabia. By a disaggregated analysis, we identified the sectoral contribution in terms of intermediate, private and publ...
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| Format: | Book |
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Accounting Research Institute (ARI) and UiTM Press, Universiti Teknologi MARA,
2023-04.
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| Online Access: | Link Metadata |
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| Summary: | This study examined baseline macroeconomic structure, economic impacts of the COVID-19 lockdown, and government stimulus package effectiveness to mitigate pandemic impacts in Saudi Arabia. By a disaggregated analysis, we identified the sectoral contribution in terms of intermediate, private and public demand, labour compensation and trade by utilising the Input-Output Table. By analysing the point of sales, we demonstrated hard-hit sectors by the lockdown. The Saudi economy shrank by 1% in Q1 of the fiscal year 2020 due to oil price collapse and the lockdown. The stimulus package may rebound the economy (costing external debt). We provide several policy implications. |
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| Item Description: | https://ir.uitm.edu.my/id/eprint/81136/1/81136.pdf |