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RIYADH: The International Monetary Fund is considering opening a regional office in 萝莉视频 as both parties prepare to sign a memorandum of understanding in this regard on Oct. 3 in Riyadh.
The MoU, to be signed between the 萝莉视频n ministry of finance and the IMF, will be followed by a joint press conference at Ritz Carlton in Riyadh, a ministry release said.
The opening of a new regional office in 萝莉视频 holds significance as the IMF expects the Kingdom to become one of the world's fastest-growing economies, recording a growth of 7.6 percent in the gross domestic product this year.
It should be also noted that credit rating agency S&P has affirmed 萝莉视频鈥檚 rating at 鈥淎-/A-2鈥� with a positive outlook citing higher oil revenues, rising oil production, and the government鈥檚 robust reform program.