Saudi Arabia’s economic growth rates are important to the global economy

The Managing Director of the International Monetary Fund, Kristalina Georgieva, said that the Kingdom of Saudi Arabia has an important role to play in ensuring energy security.

During a session on the transformations of the Saudi economy at the World Economic Forum in Davos, Georgieva added that Saudi Arabia’s economic growth rates are important to the global economy as a whole.

The director of the IMF expressed her admiration for what is happening in Saudi Arabia, and said, “We are very impressed with the way Vision 2030 programs are being implemented in Saudi Arabia.”

With regard to the global economy, Georgieva said that the International Monetary Fund expects the global economy to continue to slow in 2023.