99 Days
Source:
المدينة
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Source: المدينة
99 Daysالمدينة
Source: المدينة
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The International Monetary Fund (IMF) praised the prudence of the Saudi Central Bank's (SAMA) liquidity management during the 2026 Article IV consultations, affirming that the monetary policies are flexible and effective in supporting financial stability. The report highlighted that the banking sector maintains robust levels of capital and liquidity, enabling it to withstand shocks and reduce systemic risks. It also noted that pegging the riyal to the dollar enhances the credibility of monetary policy and is based on progress in implementing recommendations from the Financial Sector Assessment Program, with ongoing improvements in asset quality and the strengthening of preventive measures. Additionally, the IMF commended SAMA's efforts in combating money laundering and terrorist financing, as well as developing frameworks for dealing with systemically important institutions. The fund also praised the support for Saudi Vision 2030, economic diversification, investments in energy security, and efforts to bolster financial stability and address economic fluctuations.
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