RIYADH: The International Monetary Fund is considering openinga regional office in 蹤獲弝け 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 蹤獲弝け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 蹤獲弝け 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 蹤獲弝けs rating at A-/A-2 with a positive outlook citing higher oil revenues, rising oil production, and the governments robust reform program.
