Ongoing structural reforms, such as tax reforms and human capital development—particularly increasing female workforce participation—are emphasized as vital for future growth.

Saudi Arabia has achieved a historic milestone by increasing the non-oil sector's contribution to 56% of GDP, marking a significant shift towards diversification.

Saudi Central Bank measures are actively managing risks from short-term capital flows and overseeing the expansion of bank lending to ensure financial stability.

Saudi Arabia's real GDP growth remains robust at around 4% to 4.5%, with unemployment at a low 6.3%, driven by ongoing private sector expansion despite oil market volatility.

The IMF has commended Saudi Arabia for its significant progress in economic and structural reforms, highlighting its resilience and efforts to diversify the economy in line with Vision 2030.

Despite fluctuations in oil prices, Saudi Arabia's economy remains stable due to reduced correlation with oil markets and ample financial reserves, with the banking sector showing increased lending capacity as indicated by a loan-to-deposit ratio exceeding 100%.

Crucial regulatory reforms, including new investment laws and civil codes, are boosting investor confidence and supporting sustainable economic growth.

Progress under Vision 2030 includes surpassing tourism targets and tripling government revenues, reflecting the success of diversification and reform initiatives.

The IMF's mission chief, Amine Mati, forecasts upward revisions of Saudi GDP growth to 3.6% in 2025 and 3.9% in 2026, driven by higher oil revenues and non-oil sector expansion, supported by laws improving the business environment.

Saudi Crown Prince Mohammed bin Salman highlights the resilience and adaptability of both public and private sectors, attributing success to effective government performance.