Saudi Finance Minister Participates in World Governments Summit, 9th Arab Fiscal Forum

Saudi Minister of Finance Mohammed Al-Jadaan (SPA)

Saudi Minister of Finance Mohammed Al-Jadaan has participated in the World Governments Summit and the Ninth Arab Fiscal Forum, held from February 10 to 13 in Dubai, the United Arab Emirates.
Al-Jadaan chaired the third session of the forum, titled "Fiscal Policy and Climate Resilience," with the participation of ministers, government officials, and economic experts from various countries, SPA reported.
The session addressed the economic costs of climate change in the region and associated financial risks and pressures, including debt sustainability challenges, mainly for heavily indebted countries. Speakers also presented a series of solutions to enhance climate adaptation capabilities.
Al-Jadaan also participated in a high-level roundtable discussion at the summit under the theme "Reimagining the Future of Multilateral Cooperation and the Future Fund."
On the sidelines of the summit, the minister of finance signed a memorandum of understanding on financial cooperation between Saudi Arabia and the United Arab Emirates with the Minister of State for Financial Affairs of the UAE, Mohamed bin Hadi Al Hussaini.