Finance Minister Mohammed Al-Jadaan Highlights Sustainable Growth At Berlin Global Dialogue 2024

Finance Minister Mohammed Al-Jadaan participated in the 2024 Berlin Global Dialogue on October 1 and 2. The event took place at the European School of Management and Technology (ESMT) in Berlin. Al-Jadaan joined global leaders from government and business sectors to discuss key economic issues.

During a session titled "How to Mobilize Private Investments for Innovation and Industrial Transformation," Al-Jadaan highlighted crucial elements for sustainable growth. He pointed out that long-term planning, stable policies, and public-private partnerships are vital. He also emphasized the role of multilateral institutions in maintaining global dialogue to tackle significant global challenges.

Al-Jadaan stressed the importance of investing in multilateral trading systems. Such investments can mitigate economic risks and challenges while promoting equitable growth across societies. He noted that Saudi Arabia is using its technological edge to benefit both the Kingdom and other nations.

The minister stated, "We cannot have prosperity in the world without a very clear environment that supports innovation and technology, and then sharing them particularly with low-income nations and the emerging markets." This highlights Saudi Arabia's commitment to fostering global collaboration through technology sharing.

Al-Jadaan engaged with government officials and international investors during the event. These discussions aimed at exploring collaborative opportunities with Saudi Arabia, enhancing its presence at international forums. The focus was on building partnerships that align with Saudi Arabia's strategic interests.

The Berlin Global Dialogue, themed "Building Common Ground," serves as a platform for communication among leaders worldwide. It brings together government officials, entrepreneurs, and academics to address economic challenges and develop effective policies.

This year's dialogue underscores the need for collective efforts in addressing global economic issues. By fostering discussions among diverse stakeholders, it aims to create solutions that are inclusive and sustainable.

With inputs from SPA