Finance Minister to attend G20 Finance & Central Bank Governors meeting


RIYADH — Finance Minister Mohammed Al-Jaddan will participate in the first G20 Finance Ministers & Central Bank Governors Meeting under the Argentina Presidency in Buenos Aires.

The meeting will take place on March 19-20, with the aim of reviewing the recent global economic developments and strengthening the cooperation between the G20 countries to maintain and promote the global growth.

During the two-day meeting, Al-Jadaan will participate in sessions covering a wide range of themes from the Global Economic Developments to International Financial Architecture, Financial Regulations, Infrastructure, International Tax, and Anti-Money Laundering and Countering of Terrorist Financing (AML/CFT).

Al-Jadaan commented: “As a member of G20, Saudi Arabia takes its regional and international responsibilities very seriously especially given our nation’s pivotal role on the regional and global levels. Our participation in this meeting demonstrates our commitment to cooperation and coordination among G20 countries to promote inclusive and sustainable global growth.

“The theme chosen by our host of “Unleashing peoples' potential”, reflects well the transformations we are achieving in our country under Vision 2030 to help enhance the future prospects of our people.”

“The meeting will provide an opportunity to discuss the subjects listed on the meeting’s agenda with our key partners around the globe, and also update them on Saudi Arabia’s experiences in the financial and economic reforms, as well as the overall development progress made by the Kingdom in different sectors,” he added. — SG