His Excellency the Saudi Minister of Finance, Mr. Mohammed
Aljadaan, will head the Kingdom's delegation at the
International Monetary Fund and World Bank Group 2024
Spring Meetings, to be held April 15-20, 2024 in Washington,
D.C., United States.
The Saudi Delegation will also include H.E. the Governor of the
Saudi Central Bank (SAMA) Mr. Ayman Alsayari; the CEO of the
Saudi Fund for Development (SFD) Mr. Sultan Almarshad; the
Assistant Minister of Finance for Macro-Fiscal Policies and
International Relations Mr. Abdulmuhsen Alkhalaf; the Deputy
Chair of the International Monetary and Financial Committee
(IMFC) Dr. Ryadh Alkhareif; the Deputy Minister of Finance for
International Affairs Mr. Khalid Bawazier; and experts from the
Ministry of Finance, SAMA, the Ministry of Economy and Planning (MEP), SFD, and the Zakat, Tax and Customs Authority
(ZATCA).
Minister Aljadaan will chair the first meeting of the
International Monetary and Financial Committee (IMFC) since
the announcement of the Kingdom's three-year Chairmanship.
The IMFC members will exchange views on developments in
the global economy, including growth prospects and risks. The
members will also discuss global economic policy priorities
and the role of the Fund in addressing these developments
through financial assistance, advice and capacity-development
for members, as well as through provision of financial support
to countries in need.
In addition, Minister Aljadaan and SAMA Governor Alsayari will
participate in the 2nd G20 Finance Ministers and Central Bank
Governors (FMCBG) Meeting, currently under the Brazilian
Presidency. The FMCBG Meeting aims to foster in-depth
discussion on issues facing the global economy, as well as to
enhance global cooperation to address them. His Excellency
the Minister will also participate in a meeting of the
Development Committee of the World Bank Group (WBG), which
will discuss the strategies implemented by the WBG to respond
to global development challenges.
The Spring Meetings serve as a platform to bring together
ministers of finance, central bankers, international
organizations, private sector executives, representatives from
civil society organizations, and academics to discuss issues of
global concern, including the global economy, sustainable
development, poverty eradication, and other economic and
financial topics.