Al-Jaddan Advocates Economic Diversification
Finance Minister Mohammed bin Abdullah Al Jadaan affirmed that strengthening economic resilience requires diversifying the economy and reducing exposure by enhancing energy and food security, as well as building resilient supply chains and infrastructure. He emphasized the importance of fiscal policies that protect the foundations of growth and international cooperation to achieve global economic stability. He pointed out that the Kingdom has contributed to ensuring the continuous supply of energy and facilitating trade flows through its investments in alternative routes, aligning with current challenges and future growth prospects. He highlighted the focus on economic readiness to face shocks, including the increasing reliance on artificial intelligence as part of the strategy to boost economic resilience.
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