Finance Minister at Human Capital Forum in Bangkok
Minister of Finance Dr. Yaqoub Al-Rifa'i participated in the Human Capital Forum held in Bangkok on the sidelines of the World Bank and International Monetary Fund meetings. The participants discussed supporting skills development in the age of artificial intelligence and preparing youth for the demands of the labor market, with a focus on private investments and digital tools to expand training and professional development opportunities. The forum emphasized that approximately 1.5 billion young people are expected to enter the job market in the next decade, and that government funding alone is insufficient to bridge the skills gap, necessitating private sector involvement and the promotion of innovative financial tools and initiatives.
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