IBRAHIM ABDULAZIZ AL-ASSAF wins Euromoney’s finance minister of the year award for his prudent, consistent and practical management of Saudi Arabia’s economy in a difficult and volatile regional and international climate.
He has earned national, regional and international respect as a driver of reform who has also maintained budgetary discipline and introduced measures to diversify the economy.
While much of the world has teetered on the edge of recession, Saudi Arabia’s economy, including the non-oil sector, which will have to provide employment for the growing number of Saudis coming on to the job market, has continued to grow by between 4% and 5%.
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