Kingdom joins IMF’s General System for economic reporting

May 17, 2009

Saudi Arabia has joined the General System set by the International Monetary Fund (IMF) for publishing economic statements. According to Finance Ministry Undersecretary for Economic Affairs Dr. Hamad Al-Bazi, the system will pave the way for developing an integrated group of financial statements. Dr. Al-Bazi noted that delegations from the Department of Statistics of both the IMF and the World Bank recently visited the Kingdom and held meetings with top economic officials.

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