Author/Editor:

International Monetary Fund. Middle East and Central Asia Dept.

Publication Date:

September 9, 2019

Electronic Access:

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Summary:

Reforms are starting to yield positive results. Oil prices and production have been volatile, and uncertainties in the global oil market continue. Promoting non-oil growth and creating jobs for Saudi nationals remain key challenges. Non-oil growth is expected to strengthen further this year and over the medium term. Risks to the growth outlook are broadly balanced.

Series:

Country Report No. 19/290