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Al-Jd'an urges economic resilience strengthening

Al-Jd'an urges economic resilience strengthening

Finance Minister Mohammed Al-Jadaan focused on strengthening the resilience of the global economy by diversifying production options, ensuring reserves, and maintaining backup infrastructure to withstand shocks. He emphasized the importance of achieving strong and sustainable economic growth by identifying constraints and adapting policies according to each economy's development. He pointed out that global imbalances, such as surpluses and deficits, need to be addressed through financial measures and economic structural reforms. He also stressed the necessity of building a more resilient international system to manage sovereign debt, by improving debt management and assessing financing needs, with the goal of preventing deeper debt crises. Additionally, there was a discussion on artificial intelligence as a catalyst for growth.

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