(EnergyAsia, October 8, Wednesday) — The International Monetary Fund (IMF) said Saudi Arabia’s surging oil revenues have led to large fiscal and external surpluses, and also challenges from inflation and need for structural reforms to boost job creation and diversify the economy. The IMF said the kingdom needs to find solutions to share its wealth…
SAUDI ARABIA: IMF says government faces challenges managing the oil bonanza
Posted on October 7, 2008 by EnergyAsia