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Al-Jad'an: Financial Sector Shows Resilience
Finance Minister and Chairman of the Financial Sector Development Program, Mohammed Al-Jadaan, affirmed that the Saudi financial sector has demonstrated high resilience and significant confidence in the face of recent economic and geopolitical challenges. In the opening of the Money 20/20 Middle East Conference in Riyadh, he explained that Saudi Arabia's Vision 2030 is entering its third phase, which focuses on maximizing economic impact, enhancing the efficiency of local financial markets, empowering the private sector to grow and compete, attracting foreign capital, and expanding investment opportunities. He praised the pivotal role of the Financial Sector Development Program, which has contributed to establishing a robust and diversified financial environment based on strong regulatory and legislative frameworks, while maintaining trust and stability in the sector. He also emphasized that the Saudi financial sector has successfully overcome current challenges, remaining a key driver of sustainable economic growth in the country.
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