Asharqia Chamber confirmed, through the analytical study it issued, entitled (Analysis of the overall performance of the Kingdom’s budget indicators for the fiscal year 2022, initiatives and incentive packages, economic recovery and financial sustainability), that economic performance and growth in most economic activities represented an important element in achieving the financial and economic targets for 2022 , And that the expected budget shows, with its indicators of continuous recovery in some activities, at faster rates that may exceed pre-pandemic levels, due to government efforts that contributed to dealing with the pandemic by limiting its effects and significantly receding, despite global challenges in the mutation of the virus and its continued spread in many from countries.
The study indicated that the fiscal policy has strengthened the government’s reserves at the Central Bank, which are estimated to reach rates higher than estimated in 2022 and continue to increase in the medium term through budget surpluses expected to be achieved in 2023-2024 .