The Fund, however, estimated the Kingdom’s GDP growth to accelerate to 4.6% next year
IMF forecast
Latest in IMF forecast
economic outlook
IMF upgrades UK growth forecast as economy exits recession faster than expected
The latest projections from the IMF come at a time when the UK is going to the polls this July
GDP
UAE GDP to grow 4% in 2024 says IMF
International Monetary Fund experts release GDP forecast following visit to UAE
IMF
Saudi Arabia and India will be fastest growing economies of 2025: IMF
IMF raises Saudi economy forecast for 2025, places it second only to India for growth
IMF
IMF raises Saudi economy growth forecast to 5.5%
Saudi Arabia’s economy will grow 5.5 per cent this year says the IMF
IMF
IMF praises Saudi economy, highlights 8.7% GDP growth, low unemployment and women in workforce
IMF report shows strength of Saudi economy and strong progress in many fields
covid-19
UAE economy will see strong growth in second half of 2023: forecasts
IMF, World Bank and Central Bank of the UAE make economic forecasts for 2023
debt sustainability
IMF warns financial stability risks have increased rapidly since October 2022
The immediate and forceful policy response reduced market anxiety, but sentiment remains fragile, the Fund said
Egypt
Egypt needs Saudi and UAE money after $20bn pledges
Egypt needs Gulf allies to follow through on investment pledges says IMF
covid-19
IMF hails UAE after handling aftermath of Covid-19 pandemic
Economic growth has been robust, led by a strong rebound in tourism and construction, while Expo 2020 and higher oil production has also helped
economic outlook
UAE economy will grow more than 6% this year says IMF
UAE will see its economy grow by more than 6% this year says the IMF
IMF
IMF forecasts 5% MENA growth in 2022, warns of slowdown
IMF forecasts MENA growth will slow to 3.6% in 2023
economic outlook
Global economy to lose $4trillion says IMF chief
Market uncertainty and recession fears key to a gloomy outlook from International Monetary Fund leader, Kristalina Georgieva
IMF
IMF predicts Saudi economy as fastest growing economy in 2022 with GDP growth of 7.6%
The announcement comes as the IMF lowers its global growth predictions as the world’s largest economies slow down
economic outlook
IMF chief warns of ‘increased risk of recession’ in 2023, as the lender looks to cut global growth forecast again
She highlighted three actions that could be done to navigate a “sea of troubles,” including bringing down inflation, fiscal policy reforms, and an impetus for global cooperation led by G20
CBUAE
UAE economy to grow 2.4% this year, says central bank
The central bank’s figures are lower than the IMF’s forecast of 2.8% growth