IMF: AI could raise Saudi growth to 6%

The International Monetary Fund praised the progress made by Saudi Arabia in adopting artificial intelligence technologies, emphasizing that expanding the use of these technologies could contribute to an increase in the country's gross domestic product growth by up to 6% in the coming years. The report clarified that AI applications have been implemented across vital sectors such as government services, healthcare, education, and financial technology, leading to Saudi Arabia's top positions in important international indicators, such as the United Nations E-Government Development Index and the Oxford Index for Government Readiness for Artificial Intelligence. It also highlighted that strengthening Saudi Arabia’s position in AI is a fundamental pillar of Vision 2030, supported by developing digital infrastructure, updating regulatory frameworks, and growing expertise within the Information and Communications Technology sector. The report confirmed that the efforts of the Saudi Data and Artificial Intelligence Authority (SDAIA) in implementing the national strategy and elevating AI initiatives have exceeded the targets set for 2025, thereby supporting the construction of an advanced digital economy and achieving the goals of Vision 2030.

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