International Monetary Fund

The International Monetary Fund and economists estimate Riyadh needs oil prices of over $90 a barrel to balance its budget

The MENA non-oil importers are now expected to see real GDP growth of 3.4 per cent in 2025, versus an earlier forecast of 3.6 per cent

The tightening of global financial conditions is putting downside pressure on economic activity, said IMF’s Tobias Adrian

The fund said it expected energy commodity prices to decline by 2.6 per cent in 2025, more than assumed in October

The North African country is targeting about $3bn in the remainder of the current fiscal year, which runs until the end of June