(EnergyAsia, September 23 2011, Friday) — Higher oil prices together with strong support from public spending have helped Saudi Arabia’s economy rebound strongly from the global economic crisis, said the International Monetary Fund (IMF). With GDP projected to grow 6.5% in 2011, the fund expects Saudi Arabia to focus on economic diversification and sustained growth…
SAUDI ARABIA: IMF expects economy to grow by 6.5% as government focuses on jobs, housing markets
Posted on September 23, 2011 by EnergyAsia