IMF expects Saudi economy to grow 2.1% in 2021

King names new economy minister

(Fayez Noureldine/AFP/Getty)

From the International Monetary Fund latest statement on Saudi Arabia:

The authorities responded quickly and decisively to the COVID-19 crisis and the economic recovery that is underway is expected to continue. The government’s policies should deliver needed fiscal consolidation over the medium-term, although a slower pace of …