Economy

Saudi Finance Minister Leads Delegation at IMF Spring Meetings

Saudi Finance Minister Leads Delegation to IMF and World Bank Meetings in Washington

Get ready for some serious economic discussions in Washington as Saudi Finance Minister Mohammed Al-Jadaan takes the lead in representing the Kingdom at the International Monetary Fund and World Bank Group assemblies this week.

As the head of the delegation, Al-Jadaan will kick things off by chairing the first meeting of the International Monetary and Financial Committee during Saudi Arabia’s three-year chairmanship. This gathering will delve into economic developments, global threats, economic policies, priorities, and the vital role the IMF plays in assisting member states and countries in need.

But wait, there’s more! The minister will also be participating in the World Bank Development Committee meeting to discuss the entity’s global development plans.

And that’s not all – Al-Jadaan, along with the Saudi Central Bank governor Ayman Al-Sayari, will be joining the second meeting of finance ministers and central bank governors of the G20 under the Brazilian presidency. Expect discussions on economic issues, development challenges, and strategies for enhancing international cooperation to tackle global economic challenges.

The Kingdom’s delegation is a powerhouse, including key figures like the CEO of the Saudi Fund for Development, Sultan Al-Marshad, the deputy chair of the IMF’s International Monetary and Financial Committee, Ryadh bin Mohammed Al-Khareif, and Assistant Minister of Finance for Macro Fiscal Policies and International Relations, Abdulmohsen Al-Khalaf.