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Abdulkarim Alkholifey

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Saudi Arabia Does Not Agree with IMF's Projection on Saudi GDP
July 1st, 2020 - 11:00 GMT

Saudi Arabia Does Not Agree with IMF's Projection on Saudi GDP

Saudi Arabia does not share the International Monetary Fund’s "pessimism" about its economic prospects, the central bank governor said on Tuesday. The IMF has predicted that COVID-19 lockdowns and the fall in oil prices would shrink the Saudi GDP by 6.8 percent this year, but that did not correspond with the views of the Kingdom’s independent experts, Saudi Arabian Monetary Authority chief Ahmed Abdulkarim Alkholifey said. “The IMF forecasts are ...
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