IMF: Economic reforms helped KSA rebound ‘quickly and decisively’
- Date: 05-May-2021
- Source: Arab News
- Sector:Economy
- Country:Saudi Arabia
IMF: Economic reforms helped KSA rebound ‘quickly and decisively’
article author:Â Hebshi AlshammariAuthor:Â Wed, 2021-05-05 01:18
RIYADH: The International Monetary Fund’s (IMF) projection that the Saudi Arabian economy will rise by almost 5 percent next year, as a result of the Kingdom’s decisive handling of the coronavirus pandemic, has been welcomed by economic experts.
“The authorities responded quickly and decisively to the COVID-19 crisis. Reforms under Vision 2030 have played a key role in helping the economy navigate the pandemic,†the fund said.Â