IMF staff have reaffirmed the continued recovery of the Saudi economy and the slowdown of the inflation of the Consumer Price Index (CPI), stating that they project the non-oil GDP growth will reach 4.3% this year and 3.6 % in 2022.
The Minister of Economy and Planning, Faisal bin Fadel Al-Ibrahim, participated in a joint ministerial meeting of foreign and development ministers and another meeting of development ministers within the Italian presidency of the G20 in Matera, Italy.
On the sidelines of the G20 Foreign and Development Ministerial Meetings in Matera
In the Name of Allah, the Most Merciful, the Most Gracious
Your Excellency Madam President, Excellencies, Distinguished Delegates, Ladies & Gentlemen
Peace, mercy and blessings of God be upon you,
We, in the Kingdom of Saudi Arabia,
As part of the Kingdom’s commitment to realize the UN Agenda 2030 and the Sustainable Development Goals (SDGs), the Saudi delegation is participating at the High-level Political Forum (HLPF) held on Tuesday, July 7th.
Coinciding with the issuance of the Custodian of The Two Holy Mosques approval to gradually reopen economic activities as of Thursday, 5 Shawwal 1441 AH, corresponding to May 28, 2020 AD, and the plan to gradually lift the curfew
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