Saudi Arabia’s economic growth has been among the best in the world in recent years, and its carefully constructed fiscal policies serve it well. For that to continue, the country will need to deal with fluctuating oil prices, find employment for its people and stimulate its private sector. This report from the International Monetary Fund does a commendable and detailed job of analyzing Saudi Arabia and its future prospects. getAbstract suggests this work to companies and individuals considering business in Saudi Arabia, as well as those with regional interests.
In this summary, you will learn
- What Saudi Arabia’s growth prospects are,
- What challenges the country faces over the short and long term, and
- What steps the government should take to balance its dominance in the oil industry with the needs of its citizens.
About the Author
The International Monetary Fund is a global organization that provides advice and financing to member states in economic difficulties and works to reduce poverty in developing nations.