The Kingdom of Saudi Arabia’s delegation, led by Minister of Finance Mohammed Aljadaan, concluded its participation in the 2026 International Monetary Fund and World Bank Group Spring Meetings held in Washington, D.C. from April 13 to April 18.
The meetings highlighted Saudi Arabia’s role in promoting multilateral cooperation and reforms within the international financial system. The country’s leadership at these events was marked by its role in guiding the International Monetary and Financial Committee to adopt the Diriyah Guiding Principles, described as one of the most significant reforms to IMF governance and quotas in over fifteen years.
During a meeting with ministers from the Middle East, North Africa, Afghanistan, and Pakistan region alongside IMF Managing Director Kristalina Georgieva, Aljadaan said that strong coordination, sound policymaking, and accelerated reforms are necessary to support macroeconomic stability. He added that such efforts help strengthen fiscal space so countries can better respond to external shocks.
In a panel discussion titled “Debate on the Global Economy: Policies for Stability, Resilience & Prosperity,” Aljadaan said that Saudi Arabia has shown high economic resilience amid global shocks and continues making progress toward achieving Saudi Vision 2030 objectives. At the World Bank Group’s Development Committee Meeting, he said that ongoing conflict in the Middle East is creating overlapping shocks beyond what any single country can absorb alone. He called for a coordinated multilateral response and noted that Saudi Arabia’s fifty-year contingency investment is now fully operational through the East-West pipeline.
On the sidelines of these meetings, Aljadaan met with various ministers as well as leaders from international financial institutions and global corporations to discuss ways to enhance economic cooperation. Other members of the Saudi delegation participated in sessions focused on regional economic outlooks and capacity development initiatives.
Officials say this participation underscores Saudi Arabia’s continued role as a partner supporting global economic stability while contributing to sustainable growth.
