Saudi Arabia's Finance Minister, Mohammed Al-Jadaan, emphasized the importance of bold financial policies during the IMF's Spring Meetings 2024 in Washington, D.C. He believed such policies would strengthen resilience and sustainability amid economic uncertainties.
Al-Jadaan also attended a meeting with IMF Managing Director Kristalina Georgieva and finance ministers/governors from the Middle East, North Africa,
Afghanistan, and Pakistan region.
In a separate statement, Al-Jadaan highlighted the significance of fair treatment in sovereign debt, advocating for a clear framework to ensure equitable treatment among all creditors.
The text summarizes the activities of Saudi Arabia's Minister of Finance, Mohamed Al-Jadaan, during the second G20 finance ministers and central bank governors' meeting in Sao Paulo, Brazil.
Al-Jadaan emphasized the need for a holistic approach to effective climate action, which can be achieved by integrating various sectors and using innovative technologies to manage emissions.
He also met with Jose Vinals, chairman of Standard Chartered Bank, to discuss the economic outlook, and with Spanish Minister of Economy, Trade, and Business, Carlos Cuerpo, to explore ways to strengthen relations between the two countries.
Al-Jadaan, the Saudi Arabian Finance Minister, met with senior executives from Bank BNP Paribas, including Jean Lemierre, Laurent Leveque, and Alexis Taffin.
The discussions focused on the advancements in Saudi Arabia and ways to encourage investment and explore alternative financing options.