[Riyadh 17th Reuters]-Saudi Arabian Monetary Authority (Central Bank) Governor Ahmed Holifi said on the 17th that Saudi's economic growth this year will be close to the outlook set by the International Monetary Fund (IMF) It was.
The IMF expects Saudi economic growth in 2019 to be 1.9%, down from 2.2% in the previous year. However, some economists have shown a bearish view based on a decrease in oil production.
Governor Horifi said it would be premature to speculate at this time about the economic impact of the attack on the Saudi oil facility on the 14th.
A question on the impact on banks' liquidity responded that liquidity deficiencies are not expected, but that they are prepared to assist the market if necessary.
In addition, because all the indicators remain sound, with the loan-to-deposit ratio still falling below the upper limit of 78%, which is 78%, the Saudi state oil company Saudi Aramco's initial public offering (IPO) has little impact on bank liquidity. .
He also said that the current loan regulations could be reviewed before Saudi Aramco's IPO to promote the use of liquidity.