IMF Outlines Key Goals for Saudi Economy
The International Monetary Fund has confirmed that Saudi Arabia's future economic priorities include deepening capital markets, supporting small and medium-sized enterprises, aligning education with labor market demands, and expanding the use of artificial intelligence. This comes within the framework of Saudi Arabia's resilient economy, backed by solid foundations such as low government debt, high foreign reserves, and sovereign assets. Small and medium-sized enterprises contribute 22.9% of the gross domestic product and provide over 8.8 million jobs, with a target to reach 35% of the GDP by 2030. The sector plays a key role in diversifying income sources and enhancing economic stability.
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