Ais following their return, praying to Allah the Almighty to preserve this country from all evil. The Council also listened to a presentation by the Minister of Finance on the report of the IMF consultations with the Kingdom of Saudi Arabia on the 2009 Article IV. The report stressed that the Kingdom of Saudi Arabia confronts the current global crisis with stronger fundamentals. Also, the Kingdom of Saudi Arabia consolidated their macroeconomic position, strengthened the financial sector, and implemented structural reforms to boost private-sector led growth. The Kingdom of Saudi Arabia was ranked first among Arab countries for four consecutive years and 16th globally by the latest World Bank's Doing Business Report. The Cabinet confirmed that the Kingdom is continuing the implementation of all of its policies, procedures and reforms to achieve more strength and durability of the Saudi economy, and promote confidence in its ability to withstand the current global crisis. --More
