RIYADH — Minister of Finance Mohammed Al-Jadaan is heading the Kingdom’s delegation in the upcoming 2023 World Bank Group and International Monetary Fund Spring Meetings, as well as for the 2nd meeting of G20 Finance Ministers and Central Bank Governors.

The Saudi delegation will include the Governor of Saudi Central Bank (SAMA) Ayman Alsayari, CEO of the Saudi Fund for Development Sultan Almarshad, Assistant Minister of Finance for Macro-Fiscal Policies and International Relations Abdulmuhsen Alkhalaf, Deputy Minister for International Affairs Dr. Ryadh Alkhareif, and Deputy Minister for Macro-Fiscal Policies Thamer Aljared.

The delegation also includes number of specialists from the Ministry of Finance, Saudi Central Bank, Saudi Fund for Development, and the Zakat, Tax and Customs Authority.

The minister will attend the meetings of both the International Monetary and Financial Committee (IMFC) of the IMF and the Development Committee (DC) of the World Bank Group.

The IMFC will discuss the global economy developments and advises the IMF on the direction of its work as well as the priorities of the coming period. The DC will discuss the Evolution of the World Bank Group, with the aim of better addressing the scale of development challenges.

In addition, the minister and the governor will attend the 2nd G20 Finance Ministers and Central Bank Governors (FMCBG) Meeting on April 12-13, 2023 under the Indian Presidency.

The meeting will foster in-depth discussions on risks to the global economic recovery that have materialized since their February meeting. — SPA