|On July 29, 2015, the Executive Board of the International Monetary Fund concluded the consideration of the 2015 Article IV consultation with Saudi Arabia. |
Under Article IV of its Articles of Agreement, the IMF has a mandate to exercise surveillance over the economic, financial and exchange rate policies of its members in order to ensure the effective operation of the international monetary system. The IMF’s appraisal of such policies involves a comprehensive analysis of the general economic situation and policy strategy of each member country. IMF economists visit the member country, usually once a year, to collect and analyze data and hold discussions with government and central bank officials. Upon its return, the staff submits a report to the IMF’s Executive Board for discussion. The Board’s views are subsequently summarized and transmitted to the country authorities.
The Saudi Arabian authorities have consented to the publication of the staff report and it is expected that the report will be posted on this website shortly.
The last Article IV Executive Board Consultation was on July 29, 2015. Listed below are items related to Saudi Arabia, in reverse chronological order (you can also view items by category).
|July 21, 2014 -- Press Release: IMF Executive Board Concludes 2014 Article IV Consultation with Saudi Arabia|
|June 03, 2014 -- IMF Survey : Gulf Economies Should Diversify to Sustain Strong Future Growth|
Economic diversification is vital if the countries of the Gulf Cooperation Council (GCC)—Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and United Arab Emirates—are to sustain strong growth in the future, a regional conference heard.
|May 20, 2014 -- Press Release: IMF Mission Statement at the Conclusion of 2014 Article IV Discussions with Saudi Arabia|
|April 30, 2014 -- IMF Survey : IMF Opens Dialogue with Gulf Parliamentarians|
The International Monetary Fund (IMF) provides a forum for parliamentarians from member countries of the Gulf Cooperation Council (GCC)—Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and United Arab Emirates—to exchange views on the Fund’s role and the economic issues facing the region.
|April 09, 2014 -- Transcript of a Press Briefing on the Fiscal Monitor Report|
|March 19, 2014 -- Macroprudential Policy in the GCC Countries|
Author/Editor: Zsofia Arvai | Ananthakrishnan Prasad | Kentaro Katayama
Series: Staff Discussion Notes No. 14/1
|January 13, 2014 -- Economic Growth and Government Spending in Saudi Arabia: an Empirical Investigation|
Author/Editor: Saad A. Alshahrani | Ali J. Alsadiq
Series: Working Paper No. 14/3
|December 05, 2013 -- Press Release: Statement by IMF Deputy Managing Director Min Zhu at the Conclusion of his Visit to Saudi Arabia|
|November 27, 2013 -- IMF Survey : IMF Facilitates Debate on Private Sector, Growth, Jobs in Mideast|
The private sector’s contribution to growth and job creation in the Middle East and North Africa remains one of the lowest globally. To achieve its potential, the key constraints facing the private sector need to be identified and addressed.
|November 13, 2013 -- Gulf Cooperation Council (GCC) - Economic Prospects and Policy Challenges for the GCC Countries|
Subject: Cooperation Council for the Arab States of the Gulf | Middle East | North Africa | Transition economies | Oil prices | Fiscal risk | Spillovers | Economic growth | Fiscal policy | Monetary policy | Cross country analysis
|November 13, 2013 -- Gulf Cooperation Council (GCC) - Labor Market Reforms to Boost Employment and Productivity in the GCC |
Subject: Cooperation Council for the Arab States of the Gulf | Unemployment | Labor productivity | Labor market reforms | Private sector | Global competitiveness | Cross country analysis
|October 14, 2013 -- First release of G20 Consumer Price Index shows slowing annual inflation at 3.0% in August 2013|
|July 24, 2013 -- Saudi Arabia : 2013 Article IV Consultation|
Series: Country Report No. 13/229
Notes: Also Available in Arabic
|July 24, 2013 -- Saudi Arabia : Selected Issues|
Series: Country Report No. 13/230
Notes: Also Available in Arabic
|July 24, 2013 -- IMF Survey : Saudi Arabia’s Strong Growth Offers Chance to Tackle Jobs Challenge|
Saudi Arabia’s economy continues to perform well, with growth of 5.1 percent in 2012, thanks to high oil prices and output, strong private sector growth, and government spending, say IMF economists.
|July 19, 2013 -- Saudi Arabia : Financial Sector Assessment Program Update—Detailed Assessment of Observance of the IOSCO Objectives and Principles of Securities Regulation|
Series: Country Report No. 13/212
|July 19, 2013 -- Saudi Arabia : Financial Sector Assessment Program Update—Detailed Assessment of Observance of the Basel Core Principles for Effective Banking Supervision|
Series: Country Report No. 13/213
|July 19, 2013 -- Saudi Arabia : Financial Sector Assessment Program Update—Detailed Assessment of Observance of the CPSS Core Principles for Systemically Important Payment Systems|
Series: Country Report No. 13/214
|July 12, 2013 -- Press Release: IMF Executive Board Concludes 2013 Article IV Consultation with Saudi Arabia|
|May 20, 2013 -- Press Release: IMF Mission Statement at the Conclusion of Article IV Discussions with Saudi Arabia|