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The IMF has raised its forecasts for the third time since October 2017.
The International Monetary Fund (IMF) on Monday raised its forecast for the Saudi economy, pointing out that the largest Arab economy will grow 1.9% in 2018,
This is the third time since October that the IMF has raised its forecast for the Saudi economy, down 0.9% in 2017.
IMF's new projections are the subject of a periodic report on the performance of global economies. The time of oil prices continues to increase since the producing countries agreed in 2016 to define a market
The IMF also revised its forecasts for the Middle East, North Africa, the United Afghanistan and Pakistan, forecasting growth of 3.9% in 2018 and 2019, after a forecast of 3.7%.
"Oil-producing countries" benefited from prices, but the outlook for oil-importing countries remains weak. "
" Many economies still face fiscal challenges, while the prospect of a geopolitical conflict eclipses growth in the region. "
Jadwa investment company for economic studies predicts in a report published by the newspaper L 'Saudi Arabia will increase its oil production to 10.3 million barrels per day on average. here end 2018.
The Kingdom has produced 9.9 million barrels a day since the beginning of 2018. This means that it will have to produce 10.6 million barrels a day in the remaining six months, Million of barrels by the end of the year
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