Finance Ministry endorses IMF 2026 report
The 2026 International Monetary Fund report praises the resilience of the Saudi economy, highlighting its ability to adapt amid regional geopolitical tensions. The report confirms that Saudi Arabia achieved an economic growth rate of 4.6% in 2025, with the non-oil primary deficit decreasing to 23.3%, and the financial position strengthening due to lower government debt and sovereign asset reserves, with the central bank's net foreign assets reaching $437 billion by the end of 2025. It also commends progress in implementing Vision 2030 reforms, especially in artificial intelligence and the achievement of economic and institutional goals. The report projects that embracing artificial intelligence could boost GDP growth by up to 6% over the next decade. It highlights the stability of the Saudi banking sector, a decline in non-performing loan ratios, and the role of government policies in supporting the economy despite regional challenges.
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