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04.09.2024 20:04
Saudi Arabia Account Balance Could Fall Into Deficit: IMF The Saudi mission chief of the IMF said if oil production and exports proceeds were to decrease, the kingdom’s current accounts deficits would be significantly lower. According to an IMF report on the Saudi Arabia outlook, the current account surplus narrowed significantly to 3.2% of GDP in 2023, mainly reflecting lower oil exports and a strong growth in investment-related imports. Amine Mati spoke to Bloomberg’s Joumanna Bercetche from Washington. (Source: Bloomberg)

04.09.2024 20:42