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IMF Official hails Kingdom's important role in ensuring stability in the Oil Market
Saudi Press Agency Published in Saudi Press Agency on 19 - 10 - 2005

The Director General of the International Monetary Fund (IMF), Rodrigo de Rato has expressed happiness for visiting the Kingdom of Saudi Arabia and meeting the Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz.
In a statement issued on the occasion, he said that he had reviewed with the King the latest developments in the region and the current economic policies in the Kingdom.
The Director General said he had exchanged views with the King on the constructive and important role being played by the Kingdom to ensure stability in the oil market.
The Kingdom is currently carrying out an investment program worth $50 billion to expand its oil productive capacity to 12.5 million barrels per day by 2009.
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1320 Local Time
1020 GMT

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