Saudi Arabia: 2011 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion

September 21, 2011

Preview Citation

Format: Chicago

Saudi Arabia: 2011 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion, (USA: International Monetary Fund, 2011) accessed December 22, 2024

Also available in: العربية

Summary

Over the last few decades, the economy of Saudi Arabia has strengthened, as oil prices increased with the rebound in global economic activity. Despite this, vulnerabilities to a sustained decline in the oil price have increased. Executive Directors have commended the authorities for their continued stabilizing role in the oil markets. They have encouraged in creating more job opportunities for nationals and improving access to housing finance. They have encouraged the central bank to continue in strengthening the regulatory and supervisory framework.

Subject: Commodities, Expenditure, Housing, Inflation, National accounts, Oil, Oil prices, Prices

Keywords: Broad money growth, CR, Exchange rate, Fiscal policy, Global, Housing, Housing needs, Inflation, ISCR, Labor market, Middle East, Monetary policy rate, Oil, Oil price, Oil prices, Oil sector, Private sector, Private sector activity, U.S. dollar

Publication Details

Pages:

46
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2011/292
Stock No:

1SAUEA2011002
ISBN:

9781463904272
ISSN:

1934-7685

Notes

Also Available in Arabic

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