Mohammed Al-Jadaan, Minister of Finance
The Minister of Finance, Mohammed bin Abdullah Al-Jadaan, stated that the Saudi economic system is an instance of resilience, strategic transformation, and sustainable development, regardless of the uncertainty that the worldwide economic system goes by way of.
Al-Jadaan defined, throughout his participation within the annual conferences of the Financial institution Group and the Worldwide Financial Fund for the yr 2025, that the Kingdom’s efforts had been united behind the clear and long-term Saudi Imaginative and prescient 2030, with the goal of bringing about financial transformation within the nation.
He harassed the Kingdom’s dedication to supporting worldwide and regional stability by way of its improvement and humanitarian initiatives, noting that the worldwide financial actuality is characterised by the intersection of financial shocks and geopolitical challenges, which requires strengthening worldwide cooperation, redrawing development paths, and strengthening monetary security nets to make sure sustainability.
He identified that going through world financial challenges requires reforming the multilateral buying and selling system slightly than isolating it, with the goal of enhancing confidence and long-term investments.
Al-Jadaan known as for implementing efficient monetary insurance policies, supporting monetary innovation, and intensifying worldwide cooperation to reinforce financial flexibility, stressing the significance of elevating consciousness of the alternatives and dangers associated to synthetic intelligence, and enabling nations to profit from it by supporting their infrastructure and growing their human capital.
He defined that the resumption of the group’s cooperation with Syria after settling its arrears represents a milestone as a result of it is a vital step in direction of enhancing regional improvement.
Al-Jadaan mentioned, with the leaders of worldwide monetary establishments and the non-public sector, probably the most outstanding world monetary and financial developments, and methods to reinforce joint cooperation.
For his half, Assistant Minister of Finance for Macro-Monetary Insurance policies and Worldwide Relations, Abdullah bin Abdul Rahman bin Zaraa, confirmed that the Kingdom views the Monetary Sector Stabilization Fund as an essential software in serving to nations improve the pliability of their monetary programs.
Bin Zaraa added that the Kingdom helps the reforms of multilateral improvement banks to reinforce transparency and increase the horizons of concessional financing, according to nationwide priorities. He additionally warned in opposition to imposing requirements that restrict the effectiveness of insurance policies and negatively have an effect on financing prices.
It’s noteworthy that the delegation of the Kingdom of Saudi Arabia, headed by the Minister of Finance, Mohammed bin Abdullah Al-Jadaan, concluded its participation within the annual conferences of the Financial institution Group and the Worldwide Financial Fund for the yr 2025, which had been held within the American capital, Washington, in the course of the interval from October 13 to 18, 2025.
