“THE ECONOMIC ROLE OF SMALL AND MEDIUM ENTERPRISES IN THE REDUCTION OF UNEMPLOYMENT AND INFLATION IN THE KINGDOM OF SAUDI ARABIA”

Small and medium enterprises in the Kingdom of Saudi Arabia are considered to be of great importance for their contribution to economic activity, as they operate side by side with large companies but are of no less importance, as they accommodate large numbers of workers and thus contribute to reducing unemployment. Small and medium enterprises face problems in the process of raising funds and some legal challenges for obtaining capital to start operations, especially as commercial banks are sometimes reluctant to fund high-risk ventures; the study found that small and medium enterprises contribute significantly to the reduction of unemployment and increase economic development in the Kingdom without affecting inflation