The Minister of Finance, Mohammed Al-Jadaan, has affirmed that inflation has been brought under control and is generally decreasing worldwide, adding that global trade is growing despite the obstacles it encounters. This statement occurred during his participation in a plenary session titled "How Will Finance Manage Risk in a Fractured World?" at the 8th edition of the Future Investment Initiative (FII8) Conference, which was held in Riyadh from October 29 to 31. Al-Jadaan asserted that "investors are seeking good returns and leadership that is capable of making difficult decisions. Additionally, they are seeking an environment in which the private sector is supported and enabled by clear consultations and comprehensive and flexible regulatory frameworks." He emphasised the Kingdom Vision 2030's accomplishments in non-oil GDP, which accounts for 52% of the Saudi economy. He noted that women's empowerment and participation in the labour force reached 35%, exceeding the vision's goal of 30%. He also disclose d that the low unemployment rate in the Kingdom stood at 7.1%. He also noted that the number of small and medium enterprises in the Kingdom led by women has doubled over the past seven years. He commended the tourism sector for surpassing expectations and welcoming over 100 million tourists by the end of 2023. He underscored that the Kingdom is a pivotal factor in maintaining stability in the region and world, and it collaborates with its partners worldwide to achieve this pillar. He affirmed that this is why investors want to participate in the national transformation. Al-Jadaan emphasized that the Ministry of Finance's primary objective is to preserve the financial and economic stability of the state. This objective incentivizes investors, particularly when they observe a state that maintains substantial reserves and adheres to fiscal discipline. Source: Saudi Press Agency