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IMF Estimates Saudi Real GDP Growth At 7.1% In 2011
Published on Monday, 04 Jun 07:00 am
Saudi Arabia’s overall real GDP is estimated to have grown by 7.1% in 2011, with 8% growth in the non-oil sector – the highest since 1981 – and private sector growth at 8.5%, according to a statement issued on 29 May by the IMF Director of the Middle East and Central Asia Department Masood Ahmed at the conclusion of the 2012 Article IV consultation with Saudi Arabia.
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