Saudi Delegation Headed by Minister of Finance Concludes Participation in 2025 World Bank-IMFAnnual Meetings
The Kingdom of Saudi Arabia's delegation, led by His Excellency the Saudi Minister of Finance, Mr. Mohammed Aljadaan, concluded its participation in the 2025 World Bank Group (WBG) and International Monetary Fund (IMF) Annual Meetings, held in Washington, D.C. October 13-18, 2025.
Minister Aljadaan participated in the roundtable meeting at the U.S. Chamber of Commerce, during which he affirmed that despite the uncertainty facing the global economy, the Saudi economy stands as a model of resilience, strategic transformation, and strong, sustainable growth.
During his remarks at the Atlantic Council, Minister Aljadaan highlighted that those efforts in Saudi Arabia have been united behind a clear and long-term vision—Saudi Vision 2030—which was launched to achieve economic transformation in the Kingdom.
At the Arab Governors meeting with the WBG President Mr. Ajay Banga, Minister Aljadaan emphasized that WBG reengagement with Syria following the clearance of arrears marks a significant milestone, describing it as an important step toward strengthening regional development.
At the meeting of finance ministers and central bank governors from the Middle East, North Africa, Afghanistan, and Pakistan (MENAP)along with H.E. the Managing Director of the IMF Dr. Kristalina Georgieva, Minister Aljadaan stressed that the global economy is currently facing a reality marked by overlapping economic shocks and deepening geopolitical divisions. This calls for strengthened international cooperation, a redefinition of growth trajectories, and the enhancement of global financial safety nets to ensure sustainability and crisis prevention.
During his participation in the IMF Flagship Annual Meetings panelentitled “Boosting Productivity Growth in the Digital Age,” Minister Aljadaan noted the importance of raising awareness about the opportunities and risks associated with artificial intelligence and enabling countries to harness its potential by supporting their infrastructure and human capital development.
At the Global Sovereign Debt Roundtable meeting co-hosted by the WBG and IMF, Minister Aljadaan called for the implementation of effective fiscal policies, support for financial innovation, and intensified international cooperation to enhance economic resilience.
While participating in the fourth G20 Finance Ministers and Central Bank Governors meeting under South Africa’s Presidency, held on the sidelines of the Annual Meetings, Minister Aljadaan said that addressing global economic challenges cannot be achieved in isolation from the multilateral trading system, but rather through its reform, to strengthen confidence and encourage long-term investment.
During the WBG Development Committee plenary, Minister Aljadaan reaffirmed the Kingdom of Saudi Arabia’s firm commitment to efforts toward achieving international and regional stability through its regional and global development and humanitarian initiatives.
On the sidelines of the Annual Meetings, Minister Aljadaan held several bilateral meetings with ministers, heads of international financial institutions, and private sector leaders to discuss key global financial and economic developments, as well as ways to strengthen joint cooperation.
Also, the Saudi Assistant Minister of Finance for Macro-Fiscal Policies and International Relations, Abdullah A. BinZaraah, participated in a high-level capacity development event entitled“Strengthening Financial System Resilience in Uncertain Times – Building Capacity in Emerging and Developing Countries.” He stressed that the Kingdom views the Financial Sector Stability Fund as an important tool to help countries enhance the resilience of their financial systems.
During his participation in the COP30 Circle of Finance Ministers ministerial meeting, Assistant Minister BinZaraah highlighted the Kingdom’s support for reforms in multilateral development banks to promote transparency and expand access to concessional financing,in line with national priorities. He also cautioned against the imposition of standards that may undermine policy effectiveness and negatively affect financing costs.
