SBJBC/BEI Meeting with IMF Mission Chief for Saudi Arabia

SBJBC UK was pleased to welcome Tim Callen, IMF Mission Chief for Saudi Arabia, for an informal discussion with some 30 SBJBC and British Expertise International members in London on 1 December. Mr Callen gave an update on the progress of Saudi economic and fiscal reforms, and efforts to increase non-oil revenue.  He also presented conclusions from the IMF’s recent report on Saudi Arabia on the prioritisation and sequencing of reforms. Members welcomed the progress achieved, while noting that further improvement of the business environment would help to attract investment and diversify the economy.