VOL. XLV

No 44

4-November-2002

SAUDI ARABIA

IMF Praises Saudi Arabia’s Economic Reforms But Advocates Further Progress

Saudi Arabia has made good progress by pushing through a number of economic reforms, but needs to make further improvements, according to the IMF in its latest Public Information Notice (PIN) issued on 25 October following the conclusion of its Article IV consultation with Saudi Arabia. The IMF urged the authorities to consider the introduction of a mechanism to...