Tuesday 22 May 2012

Saudi economic growth seen staying high - fin min | Reuters

Saudi Arabia's economic growth is expected to remain strong following a 6.8 percent expansion in 2011, the OPEC member's Finance Minister Ibrahim Alassaf said on Tuesday.

"We expect continuation of high economic growth ... and a stronger non-oil GDP growth," Alassaf told a financial conference in the kingdom's capital. He did not give a forecast for this year.

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