Saudi Arabia: 2024 Article IV Consultation-Press Release; and Staff Report
International Monetary Fund
No 2024/280, IMF Staff Country Reports from International Monetary Fund
Abstract:
Saudi Arabia’s unprecedented economic transformation is progressing well. Strong domestic demand is keeping non-oil growth robust while unemployment is at record lows. Inflation is contained and the current account surplus is rapidly narrowing. The recalibration of the authorities’ investment plans would help reduce overheating risks and pressures on fiscal and external accounts.
Keywords: totaling SDR; PRGT loan resource; PRGT subsidy resource; about SDR; deposit of SDR; Foreign direct investment; Oil prices; Women; Global (search for similar items in EconPapers)
Pages: 102
Date: 2024-09-04
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