IMF raises Saudi Arabia’s 2025 growth forecast to 3.6%

IMF raises Saudi Arabia’s 2025 growth forecast to 3.6%

RIYADH: The International Monetary Fund has raised its 2025 economic growth forecast for Saudi Arabia to 3.6 percent, up from the 3 percent projected in April, citing stronger non-oil sector performance and the expected unwinding of OPEC+ production cuts. In its latest World Economic Outlook update, the IMF said the revision reflects a stronger-than-anticipated expansion of

Mena economy to expand more than expected, IMF says

IMF predicts Mena growth of 3.2% Based on Trump’s tariff pause Saudi Arabia the big winner The Middle East and North Africa economy will expand 3.2 percent this year, the International Monetary Fund predicted on Tuesday, raising its forecast following better-than-expected output in Saudi Arabia and Egypt, and more benign financial conditions across the region. In April the IMF made wide-ranging cuts to its global, regional and country GDP foreca…