Saudi Arabia : 2012 Article IV Consultation

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Saudi Arabia : 2012 Article IV Consultation
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Volume/Issue:
2012/271
Series:
IMF Staff Country Reports
Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Publisher:
INTERNATIONAL MONETARY FUND
Published Date:
September 2012
DOI:
http://dx.doi.org/10.5089/9781475510638.002
ISBN:
9781475510638
ISSN:
1934-7685
Page:
48
Saudi Arabia is the world's largest oil exporter and has employed its spare capacity to help stabilize the global oil market, providing important support to the global economy. The associated increase in oil revenues has resulted in sharply higher fiscal and current account surpluses and provided room to accelerate initiatives to address pressing social issues, including a shortage of affordable housing and unemployment. Spillovers from higher growth and fiscal spending, together with increased financial assistance, have positively impacted the region.
Article

IMF Executive Board Concludes the 2012 Article IV Consultation with Saudi Arabia

Author(s):
International Monetary Fund. Middle East and Central Asia Dept.
Published Date:
September 2012
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