Tuesday 16 July 2013

KSA economic strategies pay off | Arab News — Saudi Arabia News

KSA economic strategies pay off | Arab News — Saudi Arabia News, Middle East News, Opinion, Economy and more.:

"Saudi Arabia has a true opportunity today to keep on diversifying its economy and taking the right steps toward addressing the labor, housing and productivity issues, says a top Riyadh-based economist. “Very few countries around the world have been able to maintain such a healthy roster of macroeconomic accomplishments during the post financing crisis,” said John Sfakianakis, chief investment strategist at Masic in Saudi Arabia.
He was commenting on the IMF’s latest assessment of the Kingdom’s economic strength.
The International Monetary Fund said in a report this week that considerable progress had been made in improving economic statistics but saw scope for further improvement. "

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