Middle East Economic Survey
VOL. LIII
No 36
6-Sep-2010
SAUDI ARABIA
Prudent Fiscal Policy Helped Saudi Economy Weather The Crisis, Says IMF
Saudi Arabias prudent fiscal policy provided the fiscal space to respond forcefully to the global crisis, said the International Monetary Fund (IMF) in concluding the 2010 Article IV Consultation with Saudi Arabia on 12 July. The outlook remains broadly positive although vulnerabilities remain, especially from the volatility of oil prices, the IMF added....
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