(EnergyAsia, July 15 2013, Monday) — Saudi Arabia’s economy will grow by 4% in 2013, down from last year’s 5.1%, on account of reduced oil production and a weaker oil price, said the International Monetary Fund (IMF). “Private sector growth is expected to be strong, but oil production is likely to be below 2012 levels…
SAUDI ARABIA: Economic growth to slow to 4% this year on lower oil production and price, says IMF
Posted on July 15, 2013 by EnergyAsia