International praise for the Kingdom’s experience in stimulating the private sector and investment
The Undersecretary of the Ministry of Finance for International Relations, Mr. , the Kingdom’s delegation participating in the third meeting of and central banks for .
It was held during the period from 27-28 Dhul-Qi’dah 1447 AH, corresponding to May 14-15, 2026 AD, in the city of Fort Lauderdale, Florida, in the United States of America.
G20 Finance and Central Banks Meeting
Bawazir praised the progress achieved during the G20 meetings in the financial track this year, stressing the importance of continuing to focus on practical and implementable outcomes, especially with regard to supporting growth. Economic developments.
Economic developments Global
The meetings witnessed extensive discussions on global economic developments, sustainable growth, the challenges of sovereign debt, and global imbalances, in addition to ways to deal with the risks associated with these topics by enhancing joint international cooperation.
It is noteworthy that the United States of America assumed the presidency of the G20 from the Republic of South Africa beginning in December 2025.
Its presidency focuses on three main axes, including: enhancing economic prosperity by reducing regulatory burdens and securing supply chains. Reliable and affordable energy, and supporting the leadership of new technologies and innovations.
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