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IMF cuts Saudi Arabia 2016 growth forecast as oil price stays low - Financial Times
Financial Times | IMF cuts Saudi Arabia 2016 growth forecast as oil price stays low Financial Times The International Monetary Fund has cut its economic growth forecast for Saudi Arabia's non-oil sector this year to 0.3 per cent, underlining the depth of the slowdown in the oil-dependent kingdom following a two-year slump in crude prices. Middle East's Economic Prospects Being Hurt By Oil Prices, Austerity And War IMF Sees Saudi Break-Even Oil Price Drop Less Than Forecast Spending cuts a must in Gulf despite oil recovery: IMF |
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