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The International Monetary Fund praised the resilience of the Saudi economy in the face of geopolitical tensions in the Middle East, confirming that the kingdom continued to achieve strong growth as 2026 approaches. The gross domestic product expanded by 4.6% in 2025, and the non-oil deficit was reduced from 24.5% to 23.3%. The report noted that Saudi Arabia possesses strong liquidity and reserves, such as net foreign assets amounting to $437 billion. The banking sector remains highly capitalized and liquid, with the lowest levels of non-performing loans in a decade. It emphasized that reforms under Saudi Vision 2030 have helped reduce dependence on oil and boosted economic performance. Additionally, the kingdom has taken a leading global position in adopting artificial intelligence, which could elevate GDP growth by up to 6% over the next decade. The report concludes that the Saudi economy remains strong and resilient, with ongoing reforms supporting its international stature.
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