(EnergyAsia, May 28 2013, Tuesday) — Saudi Arabia’s economy will face headwinds over the next two years on account of lower oil production, rising inflation and reduced fiscal and current account surpluses, said the International Monetary Fund (IMF). The kingdom’s GDP growth is expected to slide to 4.4% this year and 4.2% in 2014 after…
SAUDI ARABIA: Lower oil output, rising inflation to weigh on economy, says IMF
Posted on May 28, 2013 by EnergyAsia