IMF Holds Saudi Arabia 2022 Economic Growth Forecast at 7,6%
KONTAN.CO.ID - DUBAI. The International Monetary Fund (IMF) on Wednesday maintained its economic growth forecast for Saudi Arabia even as concerns persist that the global economy may heading towards a recession.
Saudi Arabia's economy was still projected to grow by 7,6% this year, which the IMF said would likely be one of the fastest growth rates in the world, helped by strong oil demand and 4,2% expected growth in the kingdom's non-oil sector.
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