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Al-Jadaan attends G20 finance meeting
Saudi Finance Minister Mohammed bin Abdullah Al-Jadaan participated in the second meeting of G20 finance ministers and central bank governors, hosted by the city of Asheville, United States, from August 31 to September 1, 2026. The meeting addressed key topics related to the global economy, where Al-Jadaan emphasized that the economy has demonstrated resilience to shocks but has become more vulnerable to risks. He called for strengthening economic resilience through diversifying sources of production, ensuring adequate inventories, and maintaining robust infrastructure to face crises. He also highlighted the importance of achieving strong and sustainable economic growth while addressing external financial imbalances and sovereign debts, stressing the need to build a more resilient international debt management system. The meeting also discussed the role of technology and innovation in supporting economic growth, with an emphasis on enhancing cooperation among countries and international financial institutions.
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