Saudi Arabia - Annual Report 2006/07

Real GDP rose by 4.3% over the course of the 2006/07 financial year.

The balance of payments surplus - the eighth one in as many years - increased by 6%.

The Saudi authorities continued their campaign to privatise, restructure and streamline state-owned companies. The campaign, coupled with efforts to improve regulation, have resulted in Standard & Poor's and Fitch raising the Kingdom's credit rating to A+.

To read the report, click here

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