Assistant Minister of Finance Heads Kingdom’s Delegation to Annual Meeting of Arab Financial Institutions 2023 The official Saudi Press Agency

Assistant Minister of Finance Heads Kingdom’s Delegation to Annual Meeting of Arab Financial Institutions 2023 The official Saudi Press Agency

Riyadh, May 01, 2023, SPA -- On behalf of Minister of Finance Mohammed bin Abdullah Al-Jadaan, Assistant Minister of Finance for Macro-Fiscal Policies and International Relations Abdulmohsen bin Saad Al-Khalaf headed the Kingdom’s delegation to the Joint Annual Meeting of Arab Financial Institutions and the meeting of the Council of Arab Finance Ministers.

Attending the meetings were Arab finance ministers and economy; chairmen of the boards of directors of Arab financial institutions; governors of Arab central banks; directors of Arab financing institutions; representatives of the International Monetary Fund (IMF), World Bank, and Organization for Economic Cooperation and Development (OECD); and experts and specialists from the ministries of finance in Arab countries in the financial and economic fields.

The meetings addressed the role of Arab financial institutions in lending financial and technical support for major development projects in the Arab region, and their contributions to supporting joint Arab action. Participants discussed challenges facing Arab countries, reviewed several innovative initiatives and future projects suggested in the working papers submitted by the Arab Financial Institutions, and reviewed their financial and operational performance and studying the approval of financing and investment operations programs for the year 2023.