Saudi Arabia : 2017 Article IV Consultation-Press Release; and Staff Report
Author/Editor:
International Monetary Fund. Middle East and Central Asia Dept.
Publication Date:
October 5, 2017
Electronic Access:
Free Full text (PDF file size is 2062 KB).Use the free Adobe Acrobat Reader to view this PDF file
Summary:
Saudi Arabia has embarked on a bold reform program under Vision 2030. Reform momentum is strong, and good progress is being made in reform implementation. Saudi Arabia has reduced oil production under the OPEC+ agreement. Non-oil growth is expected to pick-up this year, but overall GDP growth will be close to zero given the decline in oil production. Growth is expected to strengthen over the medium-term as structural reforms are implemented. Risks mainly come from uncertainties about future oil prices and how ongoing reforms will impact the economy.
Series:
Country Report No. 17/316
English
Publication Date:
October 5, 2017
ISBN/ISSN:
9781484323175/1934-7685
Stock No:
1SAUEA2017001
Price:
$18.00 (Academic Rate:$18.00)
Format:
Paper
Pages:
84
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