Saudi Arabia says IMF economic forecast is more pessimistic than its forecasts.

BANKING AND CREDIT NEWS-July 1, 2020--Saudi Arabia says IMF economic forecast is more pessimistic than its forecasts

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Global Banking News - 01 July 2020

The governor of the Saudi Arabia central bank has said that the IMF's economic predictions for the nation are more pessimistic than the state's own projections.

The IMF has estimated that the Saudi economy will contract by 6.8 percent this year. However, the central bank's governor said that the...

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