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Saudi Arabia: 2024 Article IV Consultation-Press Release; and Staff Report
Author:
International Monetary Fund. Middle East and Central Asia Dept.
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2024: Issue 280
Language:
English
Publication Date:
04 Sep 2024
DOI:
https://doi.org/10.5089/9798400288043.002
ISBN:
9798400288043
ISSN:
1934-7685
Pages:
102
Keywords:
totaling SDR; PRGT loan resource; PRGT subsidy resource; about SDR; deposit of SDR; Foreign direct investment; Oil prices; Women; Global
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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.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund