Saudi Minister of Finance Reassures about Saudi Arabia`s Economy 3 London

Dr. Al-Assaf explained that the International Fund has prepared a
study of the policies adopted by the Group of Twenty nations which
found that the program of the Kingdom of Saudi Arabia for investment
in infrastructure and other programs are the largest in the group,
pointing out that the Kingdom for a period of three years has
allocated a budget for this program estimated at about ten percent of
its gross domestic product, while the closest countries in the world
to this figure are Spain and another country with less than half of
this size in comparison with the Kingdom of Saudi Arabia.

He denied news reported by some of the world news agencies that the
Kingdom of Saudi Arabia has provided $ 90 billion in support of the
International Monetary Fund as well as submission of proposals in
this regard, noting that this news is baseless.
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