The International Monetary Fund (IMF) has raised its forecasts for Saudi economic growth in 2025 and 2026, based on an expected increase in oil revenues and an acceleration in non-oil activity.
These changes place the Kingdom among the world's top countries in projected growth rates for the current year, trailing only India (6.4 percent) and China (4.8 percent). The Kingdom's projected growth rate this year also exceeds the average projected growth rate for the Middle East and North Africa region, estimated at 3.4 percent.
The IMF expects the Kingdom's economy to grow by 3.6 percent in 2025, an increase of 0.6 percentage points over its previous GDP estimate from April.
Source (Asharq Al-Awsat, edited)
