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Quick and Decisive Response
Along with the reforms it implemented before the covid crisis, Saudi Arabia’s quick and decisive response to the pandemic helped soften the impact on people & firms. Economic recovery is underway and is expected to continue.
IMF in a report also mentioned that the Kingdom should withdraw its remaining covid-related economic policy measures gradually to support the ongoing recovery.
The IMF recommends spending more in 2021 on transfers to low-income households to boost their incomes and consumption.
IMF
Source
🇸🇦 Along with the reforms it implemented before the #COVID crisis, #SaudiArabia’s quick and decisive response to the pandemic helped soften the impact on people & firms. An economic recovery is underway and is expected to continue. Read our latest report: https://t.co/mCQh0g9Cjv pic.twitter.com/rfxgFiWuP5
— IMF (@IMFNews) July 8, 2021
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