BETH   Riyadh    

The Saudi Ministry of Finance welcomed the Concluding Statement issued by IMF experts following the conclusion of their visit for the 2025 Article IV Consultation, affirming the strong resilience of the Saudi economy against global shocks. The report highlighted progress in inflation containment, historically low unemployment, and robust non-oil sector growth, all aligned with the goals of Saudi Vision 2030.

The IMF experts praised the government's efforts in strengthening fiscal sustainability, and commended the Saudi Central Bank (SAMA) for advancing liquidity management and regulatory frameworks.

Inflation was successfully contained at 2.3% in April 2025, expected to remain stable around 2%, supported by the SAR-USD peg, domestic support, lower transportation and telecom costs, and slower housing rent inflation.

The statement also reviewed broad structural reforms since 2016 in business, governance, labor, and capital markets, noting the 2025 legal updates — such as the new investment law and commercial registration system — that boost investor confidence and support productivity.

🔹 The Article IV Concluding Statement summarizes the IMF team’s preliminary findings following their official mission, conducted annually under the IMF’s Articles of Agreement as part of economic surveillance.