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Saudi Arabia: 2024 Article IV Consultation-Press Release; and Staff Report

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  • 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.

Suggested Citation

  • International Monetary Fund, 2024. "Saudi Arabia: 2024 Article IV Consultation-Press Release; and Staff Report," IMF Staff Country Reports 2024/280, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:2024/280
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    Keywords

    totaling SDR; PRGT loan resource; PRGT subsidy resource; about SDR; deposit of SDR; Foreign direct investment; Oil prices; Women; Global;
    All these keywords.

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