Minister Mohammed Aljadaan To Lead Saudi Arabia's Delegation At WBG-IMF 2025 Spring Meetings

Minister of Finance Mohammed Aljadaan will lead Saudi Arabia's delegation at the World Bank Group (WBG) and International Monetary Fund (IMF) 2025 Spring Meetings. These meetings are set for April 21–26, 2025, in Washington, D.C. The delegation includes key figures such as Governor of the Saudi Central Bank Ayman Alsayari and Vice Minister of Finance Abdulmuhsen Alkhalaf.

During the event, Minister Aljadaan and Governor Alsayari will attend the second G20 Finance Ministers and Central Bank Governors Meeting under South Africa's presidency. This meeting aims to tackle economic and development issues while exploring ways to enhance global cooperation against current economic challenges.

The Spring Meetings provide a platform for finance ministers, central bankers, international organizations, private sector leaders, civil society representatives, and academics. They gather to discuss pressing global issues such as sustainable development, poverty eradication, and other economic topics.

Minister Aljadaan will also participate in a WBG Development Committee meeting. This session will focus on updates regarding the Group's global development plans and activities. Additionally, he will chair the International Monetary and Financial Committee (IMFC) meeting.

The IMFC meeting will cover global economic developments like growth prospects and risks. Members will discuss policy priorities and the IMF's role in addressing these through financial assistance, policy advice, capacity development, and support to countries in need.

The Saudi delegation features prominent figures such as Assistant Minister of Finance Abdullah bin Zaraah and Deputy Chair of the IMFC Dr. Ryadh Alkhareif. It also includes Deputy Minister of Finance Khalid Bawazier, CEO of the Saudi Fund for Development Sultan Almarshad, and CEO of the National Debt Management Center Hani Almedaini.

Experts from various Saudi institutions like SAMA, SFD, NDMC, and ZATCA are part of this delegation. Their participation underscores Saudi Arabia's commitment to engaging with international financial bodies on critical global issues.

The meetings aim to foster dialogue among diverse stakeholders about significant concerns affecting the global economy today. These discussions are vital for shaping policies that address current challenges effectively.

With inputs from SPA