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IMF: AI may raise Saudi GDP by 6%
The International Monetary Fund praised the progress achieved by the Kingdom of Saudi Arabia in adopting artificial intelligence, noting that the expanded use of AI technologies has led to approximately a 6% increase in the country's gross domestic product growth rate over the coming years. It clarified that AI applications encompass vital sectors such as government services, healthcare, education, and financial technology, contributing to Saudi Arabia's leading position in important international indices, including the United Nations E-Government Index and the Global AI Readiness Index. The report emphasized that strengthening the nation's position in this field aligns with Saudi Vision 2030, and relies on developing digital infrastructure, updating regulatory frameworks, and fostering human capital, with most of the national objectives related to competencies and investments being surpassed.
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