துறை நிதி ஆதரவு ப்ரோக்ராம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from துறை நிதி ஆதரவு ப்ரோக்ராம். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In துறை நிதி ஆதரவு ப்ரோக்ராம் Today - Breaking & Trending Today

Saudi non-oil GDP growth set to hit 3.6pc next year: IMF


Saudi non-oil GDP growth set to hit 3.6pc next year: IMF
RIYADH, 16 hours, 5 minutes
ago
International Monetary Fund (IMF) has projected that Saudi Arabia s non-oil GDP growth will hit 4.3 per cent this year and 3.6 per cent in 2022, thus reaffirmng the continued recovery of its economy and slowdown of inflation of Consumer Price Index (CPI).
 
The private sector will lead the growth this year to reach 5.8%, and it will continue in the medium and long term with an average growth of 4.8%, stated IMF in the concluding of the 2021 Article IV consultation released recently.
 
The IMF staff have commended the Saudi government s swift and decisive response to Covid-19 pandemic, and the early creation of a Supreme Crisis Committee to manage and co-ordinate the efforts between government agencies. ....

Saudi Arabia , Ar Riya , Mohammed Al Jadaan , Sector Financing Support Programme , International Monetary Fund , Supreme Crisis Committee , Saudi Central Bank , Tradearabia News Service , Crisis Response Committee , Monetary Fund , Consumer Price Index , Saudi Vision , Crisis Response , Saudi Climate Strategy , Concluding Statement , Finance Mohammed Al Jadaan , Tradearabia News , சவுதி அரேபியா , துறை நிதி ஆதரவு ப்ரோக்ராம் , சர்வதேச பண நிதி , உச்ச நெருக்கடி குழு , சவுதி மைய வங்கி , நெருக்கடி பதில் குழு , பண நிதி , நுகர்வோர் ப்ரைஸ் குறியீட்டு , சவுதி பார்வை ,

Saudi Arabia's quick response to Covid-19 helped economy, IMF says


“The authorities responded quickly and decisively to the Covid-19 crisis and the economic recovery that is underway is expected to continue,” the Washington-based lender said at the conclusion of its Article IV consultations with Saudi Arabia.
The kingdom’s non-oil gross domestic product is projected to grow 3.9 per cent in 2021 and 3.6 per cent next year, after a contraction of 2.3 per cent in 2020.
The oil economy of Opec’s biggest exporter is projected to contract 0.5 per cent this year as production curbs by the group and its allies to support prices remain in place. However, it is expected to expand 6.8 per cent in 2022 as they are removed. Oil GDP shrank 6.7 per cent last year as demand and prices declined once movement restrictions to stem the spread of the virus were introduced. ....

Saudi Arabia , United States , Mohammed Al Jadaan , Sector Financing Support Programme , International Monetary Fund , Saudi Central Bank , Private Sector Financing Support Programme , சவுதி அரேபியா , ஒன்றுபட்டது மாநிலங்களில் , துறை நிதி ஆதரவு ப்ரோக்ராம் , சர்வதேச பண நிதி , சவுதி மைய வங்கி , ப்ரைவேட் துறை நிதி ஆதரவு ப்ரோக்ராம் ,