Washington: The Kingdom of Saudi Arabia's delegation, led by Minister of Finance Mohammed Aljadaan, concluded its participation in the 2025 World Bank Group (WBG) and International Monetary Fund (IMF) Annual Meetings, held in Washington, D.C., October 13-18, 2025.
According to Saudi Press Agency, Minister Aljadaan participated in a roundtable meeting at the U.S. Chamber of Commerce, affirming that despite global economic uncertainty, the Saudi economy exemplifies resilience, strategic transformation, and sustainable growth.
During remarks at the Atlantic Council, Minister Aljadaan emphasized the unity behind Saudi Vision 2030, a long-term initiative for economic transformation in the Kingdom. At the Arab Governors meeting with WBG President Ajay Banga, he noted the significance of WBG's reengagement with Syria, marking a step toward regional development.
In discussions with finance ministers and central bank governors from the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) and IMF Managing Director Dr. Kristalina Georgieva, Minister Aljadaan highlighted the need for international cooperation amid overlapping economic shocks and geopolitical divisions.
At the IMF Flagship Annual Meetings panel on 'Boosting Productivity Growth in the Digital Age,' Minister Aljadaan underscored the importance of understanding the opportunities and risks of artificial intelligence, supporting infrastructure, and human capital development.
During the Global Sovereign Debt Roundtable meeting, Minister Aljadaan called for effective fiscal policies, financial innovation, and increased international cooperation to enhance economic resilience. In the G20 Finance Ministers and Central Bank Governors meeting, he stressed the necessity of reforming the multilateral trading system to address global economic challenges.
At the WBG Development Committee plenary, Minister Aljadaan reaffirmed Saudi Arabia's commitment to international and regional stability through development and humanitarian initiatives. On the sidelines, he held bilateral meetings with global financial leaders to discuss economic developments and joint cooperation.
Assistant Minister of Finance for Macro-Fiscal Policies and International Relations Abdullah A. Bin Zaraah participated in a high-level event on 'Strengthening Financial System Resilience in Uncertain Times,' advocating for the Financial Sector Stability Fund to bolster financial system resilience.
During the COP30 Circle of Finance Ministers meeting, Assistant Minister Bin Zaraah supported reforms in multilateral development banks to promote transparency and access to concessional financing, cautioning against standards that could undermine policy effectiveness and increase financing costs.