| 19.08.2009 - Saudi economy remains solid, says IMF report |
| From Arabnews.com: Saudi Arabia’s economy remains solid and its banks have weathered the global crisis, the International Monetary Fund (IMF) said in a report on Tuesday. The world body also commended the leading oil exporter for helping to stabilize oil prices. “The outlook remains broadly positive” despite a projected one percent contraction in GDP (gross domestic product) this year due to lower oil production, the IMF executive board said in the report..........Full Article: Source |