Al-Sayari Urges G20 to Consider National Contexts
The Governor of the Saudi Central Bank, Ayman al-Sayari, participated in the G20 Summit in Thailand, where he emphasized the importance of considering each nation's circumstances when implementing recommendations for the financial sector to promote financial innovation and strengthen financial stability. He also highlighted the need for international cooperation and information exchange to address cross-border risks, particularly concerning digital assets. Moreover, he stressed the significance of combating financial fraud and complying with international standards. Additionally, he pointed out the importance of acknowledging differences among countries, especially developing nations, in executing financial policies, with a focus on tangible outcomes and making progress in areas of global financial cooperation.
Notice: This Is an AI-Generated Summary
Comments (0)