Saudi Arabia Broadens Central Bank’s Mandate to Promote Growth

Saudi Arabia Broadens Central Bank’s Mandate to Promote Growth

Via Matthew Martin and Abeer Abu Omar in bloomberg.com: “Including support of economic growth as an explicit element in the central bank’s mandate is meant to cover evolving variables such as financial innovation, which has the potential to foster economic growth if steered in the appropriate direction,” Alsayari said in a written response to questions from Bloomberg on Thursday.





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