Saudi econ minister says targets 5 pct annual growth in next years

RIYADH Tue May 6, 2014 3:39am EDT

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RIYADH May 6 (Reuters) - Saudi Arabia is targeting five percent annual economic growth over the coming years, Economy and Planning Minister Mohammed al-Jasser said on Tuesday when asked about the kingdom's next five-year development plan.

Jasser was speaking on the sidelines of a financial conference in the Saudi capital. (Reporting by Marwa Rashad and Angus Mcdowall,; Writing by Rania El Gamal, Editing by William Maclean)