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Saudi Arabia; 2012 Article IV Consultation

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  • International Monetary Fund

Abstract

Saudi Arabia is the world’s largest oil exporter and has employed its spare capacity to help stabilize the global oil market, providing important support to the global economy. The associated increase in oil revenues has resulted in sharply higher fiscal and current account surpluses and provided room to accelerate initiatives to address pressing social issues, including a shortage of affordable housing and unemployment. Spillovers from higher growth and fiscal spending, together with increased financial assistance, have positively impacted the region.

Suggested Citation

  • International Monetary Fund, 2012. "Saudi Arabia; 2012 Article IV Consultation," IMF Staff Country Reports 12/271, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:12/271
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    1. repec:clr:wugarc:y:2013:v:39i:3p:291 is not listed on IDEAS
    2. Ricker-Gilbert, Jacob & Mason, Nicole M. & Darko, Francis & Jayne, Thomas S. & Tembo, Solomon, 2013. "What are the Effects of Input Subsidies on Maize Prices? Evidence from Malawi and Zambia," Food Security Collaborative Working Papers 154938, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    3. Zuzana Brixiova & Balázs Égert & Thouraya Hadj Amor Essid, 2013. "Working Paper 187 - The Real Exchange Rate and External Competitiveness in Egypt, Morocco and Tunisia," Working Paper Series 991, African Development Bank.

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