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Saudi Press
Published in Saudi Press Agency on 25 - 09 - 2018

Saudi newspapers highlighted in their editorials today a number of issues at local, regional and international arenas.
Al-Riyadh newspaper said in its editorial that the economic indicators of the national scene during the national day reflect our economic ability based on our financial, banking and oil capabilities, it is an important evidence that the Saudi economy is the fourth largest economy in terms of total reserve assets, which amounted to 506.4 billion dollars till the end of the first half of 2018, and the second globally as the least of the economies in the ratio of public debt to GDP, which amounted to 17.3% during the first half of 2018, and ranked as the 14th largest economy in the world GDP according to purchasing power parity measured in the current value of the dollar estimated at 1.84 trillion in the current dollar's value during the year of 2018, representing 1.37 of the total of the world.
The paper added that the Saudi economy was the world's eighth largest economy in the net international investment position, the KSA ranked 14th globally in terms of credit rating as the capital adequacy ratio of the Saudi banking system reached 20.42% at the end of 2017.
Al-Youm newspaper said in its editorial that most of Arab and Islamic countries participated in the celebration of Kingdom of Saudi Arabia's 88 National Day, as the participations were manifested in a series of radio and television programs and through papers and electronic newspapers, except the so-called Hamadeen regime in Qatar which does not stop its media campaign against the Kingdom even as it celebrates its glorious national day.
However, this disgraceful attitude will not change the Kingdom's firm will in fighting against terrorism and pursue terrorists wherever they are, for punishing them and deterring their criminal acts., the paper noted.


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