Washington: Minister of Finance Mohammed Aljadaan participated in the first Finance Ministers and Central Bank Governors meeting under the United States G20 Presidency, held on the sidelines of the 2026 International Monetary Fund and World Bank Group Spring Meetings.

According to Saudi Press Agency, during the meeting, Aljadaan emphasized that global growth prospects are closely linked to geopolitical stability. He noted that volatility in energy markets and disruptions to supply chains pose immediate challenges to global economic growth and financial stability. He underscored the importance of maintaining stable and reliable energy markets as a key pillar for sustained global growth.

Aljadaan further highlighted the need for proactive preparedness for global shocks and challenges as an optimal remedy to address growth impediments. This includes enhancing policy clarity, improving labor market flexibility, strengthening investment, and enabling the private sector to play a central role in designing and implementing reforms.

At the end of his participation, Aljadaan stressed the importance of adopting a balanced approach to global imbalances. This involves distinguishing between imbalances reflecting economic fundamentals and those posing risks to stability while considering country-specific circumstances.

Participants at the FMCBG meeting exchanged views and coordinated policy approaches on global growth dynamics, macroeconomic imbalances, monetary and financial sector developments, digital assets, and sovereign debt issues to support international financial stability and sustainable economic outcomes.