VOL. XXXIX
No. 7
13-November-1995
SAUDI ARABIA
IMF Report On Saudi Arabia Sees ImprovedBalanceOfPayments Although Budget Concerns Persist
TheInternationalMonetary Fund's (IMF) annual Article IV
report on the Saudi economy for 1995 paints a much more optimistic picture oftheKingdom'sbalanceofpayments'
prospectsuntil2000 than was the case in the Fund's 1994 report.It projects a narrowinginthecurrentaccount
deficit to 4% of GDP in 1995 from 8% in 1994 and a decrease...
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