G20 Sherpas Discuss Restoring Growth

Sherpas concluded their second extraordinary Sherpa meeting under the G20 Saudi Presidency on Friday.
Sherpas concluded their second extraordinary Sherpa meeting under the G20 Saudi Presidency on Friday.
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G20 Sherpas Discuss Restoring Growth

Sherpas concluded their second extraordinary Sherpa meeting under the G20 Saudi Presidency on Friday.
Sherpas concluded their second extraordinary Sherpa meeting under the G20 Saudi Presidency on Friday.

The Second G20 Extraordinary Sherpa Meeting was held virtually on Friday, under the Saudi G20 Presidency, with participation from all G20 members, invited countries, and international organizations

G20 Sherpas took stock of the progress achieved on the commitments by the G20 Leaders in the Extraordinary Leaders’ Summit that was held in March, with a focus on health, global economy, trade and international cooperation, the Saudi G20 Secretariat said in a statement.

Sherpas discussed opportunities to build long-term resilience, such as better prepared health and social protection systems, emergency response for least developing countries, and efforts to protect the environment for a stronger global recovery. Sherpas also discussed the progress in all the G20 work streams, and the way forward towards the G20 Leaders’ Summit in November.

The Saudi G20 Sherpa, Fahad Almubarak, highlighted the importance of continuing the G20 collective efforts to achieve the commitments made by the Leaders in response to the coronavirus pandemic in order to protect lives and restore growth.

In his opening remarks, Almubarak emphasized that “a united global leadership is greatly required to emerge from this pandemic stronger and in a more resilient, inclusive and sustainable manner.”

“During the meeting, G20 Sherpas expressed their satisfaction on the progress thus far and provided their inputs on the way forward towards future Sherpa Meetings and the G20 Leaders’ Summit in November,” said the Saudi G20 Secretariat statement.



Saudi Arabia: Regional Security Demands Swift Implementation of Fair Solution to Palestinian Cause

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, chairs the Cabinet meeting in Jeddah. (SPA)
Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, chairs the Cabinet meeting in Jeddah. (SPA)
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Saudi Arabia: Regional Security Demands Swift Implementation of Fair Solution to Palestinian Cause

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, chairs the Cabinet meeting in Jeddah. (SPA)
Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, chairs the Cabinet meeting in Jeddah. (SPA)

The Saudi government stressed on Tuesday that the security of the Middle East demands the swift implementation of a just and comprehensive resolution to the Palestinian cause, in line with international resolutions and the 2002 Arab peace initiative. The solution must ensure the establishment of an independent Palestinian state according to the 1967 border and east Jerusalem as its capital.

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, chaired the Cabinet meeting in Jeddah.

He briefed the Cabinet on his recent meeting with Jordan’s King Abdullah II and meeting with Indian Prime Minister Narendra Modi.

The Cabinet commended the outcomes of the second meeting of the Saudi-Indian Strategic Partnership Council, highlighting the expanding economic, trade, and investment relations between the two nations, as well as efforts to strengthen bilateral cooperation in other sectors.

The Cabinet reviewed the Kingdom’s extensive participation in regional and international forums, underlining its commitment to supporting collaborative efforts aimed at addressing current challenges and promoting global stability and prosperity

The Cabinet underlined the Kingdom's ongoing commitment to expediting Syria’s economic recovery. It reiterated its call for regional and international financial institutions to resume and expand their operations in Syria, supporting the aspirations of its people for a brighter future and decent living standards.

Domestically, the Cabinet praised the diligent efforts of government agencies that have contributed to the significant achievements of Saudi Vision 2030 as it approaches its ninth year. It noted the remarkable progress outlined in the Vision 2030 Annual Report 2024, which revealed that 93% of the targets across national programs and strategies have been met or exceeded.

The Cabinet discussed the third phase of Saudi Vision 2030, slated for 2026 that will concentrate on sustaining the impact of the transformations, capitalizing on emerging growth opportunities, diligently monitoring and strengthening existing initiatives, and further aligning plans and programs with the overarching Vision 2030 to foster greater economic diversification and growth.

Moreover, the Cabinet commended the outcomes of the recent Saudi Statistics Forum held in Riyadh, which marked the 65th anniversary of the establishment of statistical work in the Kingdom. It acknowledged the sector’s significant advancements in international indicators and its vital role in sustainable development, improving service quality, and driving economic and social growth.

The Cabinet highlighted the generous SAR1 billion donation by Crown Prince Mohammed to the National Development Housing Foundation, reflecting his unwavering dedication to improving the lives of citizens and his sustained focus on housing initiatives that provide suitable homes for deserving families throughout the Kingdom.