Saudi Finance Minister on Economic Resilience
Saudi Finance Minister Mohammed bin Abdullah Al-Jadaan emphasized the importance of efficiently managing prolonged economic shocks to strengthen the resilience of the Saudi economy in the face of global challenges. He stated that building more resilient economies requires diversifying the economic base, improving energy and food security, developing supply chains, and investing in flexible infrastructure. He also noted that preparedness for technological transformation, especially in the fields of artificial intelligence, is part of strategies to boost economic growth and achieve sustainability. These remarks come within discussions on global economic challenges, with a focus on international cooperation and the exchange of expertise to implement more effective policies for confronting fluctuations and crises.
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