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Non-oil cash flows to rise to $262bn in 2030 – Jadwa

Non-oil cash flows to rise to $262bn in 2030 – Jadwa
Oil exports are expected to rise in the next 15 years-

Riyadh – Mubasher: Saudi structural reforms are likely to lead to the increase in non-oil cash flows to $262 billion in 2030, up 208% from $85 billion in 2015, Jadwa Investments said.

Although revenues from oil exports are expected to rise in the next 15 years, it is likely that they will decrease to account for  57% of current flows by 2030 from 65% in 2015, according to the report.

Jadwa added that implementing the reforms, as part of the 2030 vision, will result in a decline in international investments to 68.6% of the gross domestic product (GDP) in 2020 before rising again to 77.6% in 2030.