Tuesday, 23 August 2011

IMF: Saudi Arabia Has “Weathered the Global Slowdown Well” | Arabianomics

The near-term outlook for the Saudi economy is favorable, a new report released by the IMF today said.

The IMF today noted that “over the last few decades, Saudi Arabia has achieved substantial gains in social development indicators which are now close to G-20 averages.”

Perhaps the most noteworthy praise of the Saudi economy came for the oversight of its financial sector.


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