2020 in Saudi Arabia

The following lists events in the year 2020 in Saudi Arabia.

2020
in
Saudi Arabia

Decades:
  • 2000s
  • 2010s
  • 2020s
  • 2030s
See also:Other events of 2020
History of Saudi Arabia
Years in Saudi Arabia: 2017 2018 2019 2020 2021 2022 2023
Centuries: 20th century · 21st century · 22nd century
Decades: 1990s 2000s 2010s 2020s 2030s 2040s 2050s
Years: 2017 2018 2019 2020 2021 2022 2023

Events in Saudi Arabia in 2020.

Incumbents


Events

January

  • January 1
    • Yemeni rebels release some Saudi prisoners, as UN-led peace talks make progress.[1]
  • January 8
    • Saudi Arabia begins efforts to rebuild power stations in Yemen. [2]

March

April

  • April 24
    • Saudi Arabia banned flogging as a judicial punishment.[3]
  • April 26
    • Awwad Alawwad announced that, by royal decree, Saudi Arabia would no longer execute individuals for crimes committed while minors, replacing execution with a sentence of 10 years in a juvenile detention facility.[3]

September

  • The kingdom's economy contracted 7 percent in the second economic quarter in comparison to the same time last year. The oil sector shrank 5.3 percent this year in part due to a lack of demand as a result of the pandemic. Oil prices decreased to below $20 a barrel in April after the country entered an oil price war. While a truce among the world’s top oil producers has pushed the price of oil up to $40 a barrel, this figure is still almost half the price of oil per barrel at the start of 2020. Furthermore, oil prices are significantly lower than the $76 a barrel the International Monetary Fund (IMF) says Saudi Arabia requires in order to balance its budget this year. In fact, the kingdom obtains more than three-quarters of its earnings from oil. The kingdom’s non-oil sector shrank by 8.2 percent in the second quarter, as quarantine constraints brought business activity to an almost complete standstill. While those restrictions have been eased, the government imposed harsh austerity measures in recent months and according to experts, this may lead to a slow recovery. According to the government, the unemployment rate soared to a record high of 15.4 percent. According to analysts, recovering from such a hit might be more difficult due to budget constraints as a result of declining oil prices. The IMF expects the Saudi economy to contract by about 7 percent this year and increase growth by 3.1 percent in 2021.[4]

November

Events by issue


See also

Specific issues

References

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