Riyadh, January 31, 2022, SPA — The Kingdom of Saudi Arabia ranked second in Bloomberg COVID-19 Resilience Ranking for January, 2022. This qualitative advance reflects the effectiveness of health and economic response plans developed by the Saudi government in dealing with the pandemic.
The Kingdom jumped 18 rungs to no. 2 advancing from its previous ranking in the list that measures the response of the 53 largest economies in the world to the pandemic.
This progress is a practical indication of the effectiveness of the vaccination programs adopted by the government, the access to high levels of immunization with the first and second doses, and the continuation of urging the population to obtain the booster doses that have proven effective in confronting the Omicron variant by large, in addition to the solid economic expectations while maintaining a policy of opening the economy, travel and easing restrictions.
These indicators that reveal the effectiveness of the health and economic plans in the Kingdom come about 10 days following the launch of the IHS Markit index forecasts that the Saudi economy will record, during the last quarter of 2021, the highest levels of growth among the G20 group at 11.1%, which come in light of the unlimited support and direct supervision that the Vision 2030 programs enjoy from Prince Mohammed bin Salman, Crown Prince, Deputy Prime Minister and Chairman of the Council for Economic and Development Affairs, to demonstrate the strength and efficiency of the economic reforms undertaken by the Kingdom since 2016.
The Bloomberg Index described the Kingdom, as well as several other countries, as one of the most determined countries to coexist with the virus and reopen their economies.
The report showed that the Kingdom’s approach combines receiving the vaccine while at the same time avoiding restrictions and economic closures, as it stated that the Saudi economy is expected to witness strong growth with the continued rise in oil prices.
The COVID Resilience Ranking is a monthly revision of where the virus is being handled most effectively with the least social and economic impacts.