pakistan and Saudi arabia are two countries which import dried apricots and the price of this product in these two countries is different. Saudi Arabia is one of the countries that has grown a lot in terms of economy. This year, it is possible that Saudi Arabia, which is one of the top oil producers in the world, would have one of the most successful economies anywhere in the globe. According to projections made by the International Monetary Fund (IMF), Saudi Arabia would be among the countries that will see one of the highest rates of economic growth in this year. A development that has surpassed all expectations throughout the course of the previous ten years. The GDP of Saudi Arabia is projected to rise by 7.6% between now and the year 2020 as a result of comprehensive trade reforms, a considerable increase in oil prices, and an improvement in production power as a result of adverse circumstances and recession. A rise in population of the likes of which has not been observed in the preceding ten years. In this country, inflation will be kept under control in 2022 at the level of 3.8%, which is in stark contrast to the upward trend in the cost of imports. It is now possible to contain and control inflation due to the fact that the Saudi Arabian Central Bank is increasing its interest rate at the same time as the United States Federal Reserve and is adopting policies that are contractionary. This country's public finances and its standing in the world will be improved as a result of a rise in income from sources other than the sale of oil as well as an increase in the income from the sale of oil. Additionally, this nation's financial reserves will continue to be in good shape. The Saudi Arabian economy is not dependent just on the oil industry. However, despite the rise in oil earnings, it is imperative that state expenditures be kept under control, and there should be a greater emphasis placed on the allocation of funds toward targeted social expenditures. Increasing the amount of tax revenue generated from non-oil activities is one way to contribute to the continued fiscal health of this nation. Improving tax policies and revenue management are other important steps in this direction. Helping to preserve financial stability requires managing oil income in a way that is both long-term sustainable and immune to the ups and downs of oil prices. It also prevents the recurrence of prior cycles of ups and downs caused by fluctuations in the price of oil. In addition to this, it helps boost long-term planning for both the budget and the policies that are relevant to the diversification of the economy. Reforms to the energy price system that bring local fuel costs into line with international prices would not only result in monetary savings but will also promote the climate aims of the Saudi Green Initiative. In order to shield vulnerable individuals from the effects of rising energy prices, continued efforts to build social safety nets through the implementation of targeted programmes are necessary. The financial industry is able to maintain its vitality while simultaneously experiencing a reduction in systemic risk when subjected to stringent oversight from the central bank. It would appear that the Saudi economy is not being significantly impacted by the recent hike in interest rates. This is the case despite the high price of oil as well as the strong liquidity. In this nation, the creation of a framework for the financial industry and the regular monitoring of the increase in lending might make it appear as though economic threats are not genuine. This is the beginning of the reform era in Saudi Arabia. The authorities' commitment to carrying out the policies outlined in the 2030 vision will, if they are successful, contribute to the liberalisation and diversification of the economy, so paving the way for more consistent economic expansion. Saudi Arabia is actively working to improve the business environment, attract foreign investment, and generate employment opportunities in the private sector. These are all goals that are being aggressively pursued by the country. These programmes are connected to the management and restructuring of the labour market. The government is working hard to remove any obstacles that may stand in the way of people starting new businesses. It now only takes three minutes to register a business in this country, despite the fact that the process is incredibly simple and straightforward. In addition, Saudi Arabia has grown both the quantity and quality of its industrial equipment, as well as the number of women working in the country's many industries. In order to ensure that all employees are treated equally, formal limits will be removed, and working women will also receive a subsidy of up to 80 percent off the cost of taxi rides to and from work. In addition, there are incentives for working mothers, and there is financial assistance available for child care. As a direct result of the implementation of these policies, the proportion of Saudi Arabian women actively participating in the labour force has increased by 133 percent during the past four years, bringing the total to 33 percent. This participation rate is greater than the average participation of women in the labour market of the Middle East and North Africa combined. Transitioning toward the use of digital technology As of right now, the expansion of the digitalization process in this country has the potential to enhance productivity thanks to the large proportion of young people who are proficient in the use of various technological devices. During the corona pandemic, Saudi Arabia experienced a rapid acceleration of its digitization efforts, which included the introduction of online health services, virtual courts, distance learning, and an online financial platform for the public procurement of goods and services. The International Monetary Fund (IMF) believes that there is a good chance that Saudi Arabia's economy will continue to expand in the coming years; however, the IMF also believes that the expansion of the country's economy will be contingent on the kingdom's commitment to maintaining its current agenda of economic reforms.
dried apricots in Saudi arabia
Saudi Arabia is one of the countries that has not been successful in the production of agricultural products such as apricots and dried apricots in the past years due to unfavorable weather conditions, but today it has made great progress in agriculture with the use of advanced technologies. As the world's second largest exporter of oil, the desert nation of Saudi Arabia, which is home to more than 27 million people and holds 25 percent of the world's oil reserves, is widely regarded as one of the most influential economic powers in the area. The export of oil is the primary driver of Saudi Arabia's economy, accounting for 45 percent of the country's gross domestic product (GDP). Over the course of the last few decades, the political leaders of this nation have placed a primary emphasis on the expansion and diversification of economic initiatives, with the backing of massive oil revenues. In this regard, the development of the agricultural sector is considered to be one of the most important priorities in the economic reform programme in terms of its vital importance in meeting the ever-increasing needs of food, employment, increasing rural income, and reducing the process of excessive urbanisation. In this regard, the development of the agricultural sector is considered to be one of the most important priorities in the economic reform programme in terms of its vital importance in meeting the ever-increasing needs of Because the vast bulk of Saudi Arabia's agricultural activities are concentrated in rural areas, the expansion and prosperity of the agricultural industry will also bring about development in rural areas. Without a shadow of a doubt, the extreme scarcity of water is the primary obstacle facing the agriculture industry in Saudi Arabia. On the basis of this, our nation has devised a plan to develop irrigation networks, with the assistance of the most advanced technology in the world, and with the cooperation of capital owners, in order to enhance agricultural conditions and increase production targets. In recent years, within the framework of the development of the Saudi irrigation system, very effective steps have been taken in the field of increasing agricultural productivity. Furthermore, according to the statistics of the Food and Agriculture Organization of the United Nations (FAO), the area under cultivation has increased from 160,000 hectares in the late 80s to a current total of 400,000 hectares. This is a significant increase from the previous level of 160,000 hectares. The past ten years have seen the cultivation of more than three million hectares of land, and thanks to the drilling of wells that reach depths ranging from several hundreds to three thousand metres, a sizeable portion of the country's arid regions have been converted into verdant and fertile lands. This has contributed to the growth and success of the agricultural and food processing industries. It goes without saying that the agricultural sector accounts for 3.3% of the country's GDP, and that agricultural operations are performed by 12% of the country's labour force. On the other hand, the development of agricultural mechanisation is one of the desired solutions in Saudi Arabia for structural transformation. This solution has been achieved with the active presence of the private sector and the firm support of the government, and the necessary platform for increasing the quantity as well as the quality of production has been provided. It is abundantly clear that the production and export of wheat is at the top of Saudi Arabia's agricultural development programme, and investors' enthusiasm over the profitability of this endeavour has never wavered. The remarkable successes made by Saudi Arabia in improving wheat output despite the harsh environmental conditions that prevail in that country are on the cutting edge of agricultural innovation. The amount of wheat produced in Saudi Arabia was approximately 3,000 tonnes at the beginning of the 1980s, but after two decades, it increased to 3.8 million tonnes, which is an unprecedented record. After that, however, it decreased again due to the government's attention being focused on cultivating other crops. As a result of the Saudi government's decision to maintain its support policies, the growth rate of production for a wide variety of agricultural goods, including as wheat, barley, summer crops, vegetables, and dairy products, is positive. At the moment, it is believed that this country's typical output of grain is 2.4 million tonnes, while its production of meat is 630 thousand tonnes, and its production of fruits and vegetables is 2.3 million tonnes. The value of agricultural imports totals 1.5 billion dollars, whereas the value of agricultural exports is only 529 million dollars. With these words, it is anticipated that the agricultural sector of Saudi Arabia will regain its valuable share in the country's economic outlook in light of oil capital being in a continuous challenge with the existing bottlenecks. This is in contrast to the situation in which the bottlenecks have been present for quite some time. For the better part of the last three decades, Saudi Arabia has been extracting deep water in order to provide the necessary amount of water for its wheat fields. The climate on this area used to be much different in the past, and it received an appropriate amount of rainfall during that time, which led to the formation of these waters. A few years after chanting the slogan of self-sufficiency in agricultural production and reaching exports in the case of some products, Saudi Arabia admitted that the use of deep water for agricultural purposes was a mistake. This admission came after the country had used deep water for agricultural purposes. The Saudi Water Minister admitted the country's error in achieving self-sufficiency and exports in the agricultural industry in an interview with the New York Times. He stated, "The abundant water springs that have existed in the country since my childhood have now all dried up due to our wrong policies." Many specialists and activists in the field of water are opposed to the use of deep water due to the damage that would be caused to water reserves that are thousands of years old and help maintain the balance of the earth and also due to the expensive process of purifying and using this water for agriculture and drinking purposes. The Saudi administration does not adhere to this narrative any longer and acknowledges that it was an error. According to reports that have been published, Saudi Arabia spent a total of 1,200 dollars to provide water for each tonne of wheat. Taking into account this amount, the cost price of wheat for this country was extremely high and had a considerable disparity with the price of wheat on the global market. The photographs and information that are currently available concerning this style of agriculture in Saudi Arabia are from a time period before the blunders were made. The most recent information reveals that these policies in Saudi Arabia have been revised.