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Olio Oliva, eccellenze agroalimentari su portale in Liguria - Pianeta Camere (di commercio)
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IMF Sees Saudi Non-Oil Growth Rebounding as Economy Recovers
May 04 2021, 5:18 AM
May 03 2021, 7:21 PM
May 04 2021, 5:18 AM
(Bloomberg) The International Monetary Fund expects Saudi Arabiaâs economic recovery to gather speed over the next two years but recommended increasing spending to support low-income households that have struggled to adapt to austerity measures.
(Bloomberg) The International Monetary Fund expects Saudi Arabiaâs economic recovery to gather speed over the next two years but recommended increasing spending to support low-income households that have struggled to adapt to austerity measures.
The fund expects the biggest Arab economy to grow 2.1% this year revised down from a recent projection of 2.9% gathering speed to reach 4.8% growth in 2022, according to a statement issued after its regular Article IV consultation with the kingdom. Non-oil growth, the engine of job creation, is projected at 3.9% this year and 3.6% next year.
DUBAI: Gulf countries have condemned Houthis’ continued launching of drones and ballistic missiles towards Saudi Arabia.
Saudi Arabia’s defense forces intercepted a ballistic missile and two Houthi explosive drones targeting the southern city of Najran, the Arab Coalition reported on Sunday.
The UAE’s foreign ministry said the continuation of these extremist attacks reflects the militia’s disregard for all international laws and norms, state news agency SPA reported.
Bahrain further expressed its solidarity with the Kingdom against anything that would target its security and safety.
Meanwhile, Kuwait’s foreign ministry said the attacks pose a threat to the security of the Kingdom and the region.
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