The Saudi Arabian delegation, led by Minister of Finance Mohammed Aljadaan, has completed its participation in the 2025 World Bank Group and International Monetary Fund Annual Meetings held in Washington, D.C. from October 13 to 18.
Minister Aljadaan took part in several key sessions during the meetings. At a roundtable at the U.S. Chamber of Commerce, he stated: “Despite the uncertainty facing the global economy, the Saudi economy stands as a model of resilience, strategic transformation, and strong, sustainable growth.”
Speaking at the Atlantic Council, Aljadaan pointed to Saudi Arabia’s ongoing economic changes under Vision 2030. He said these efforts are guided by “a clear and long-term vision—Saudi Vision 2030—which was launched to achieve economic transformation in the Kingdom.”
During a meeting with Arab Governors and World Bank Group President Ajay Banga, Aljadaan addressed regional development issues. He noted that “WBG reengagement with Syria following the clearance of arrears marks a significant milestone,” calling it “an important step toward strengthening regional development.”
At another session with finance ministers and central bank governors from MENAP countries and IMF Managing Director Kristalina Georgieva, Aljadaan commented on current global challenges: “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.”
In an IMF panel on productivity growth in the digital age, he discussed artificial intelligence: “It is important to raise 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 co-hosted by WBG and IMF, Aljadaan called for “the implementation of effective fiscal policies, support for financial innovation, and intensified international cooperation to enhance economic resilience.”
He also participated in a G20 Finance Ministers meeting under South Africa’s presidency. There he said: “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.”
In remarks at the WBG Development Committee plenary session, Aljadaan reiterated Saudi Arabia’s commitment to stability through development initiatives: “The Kingdom of Saudi Arabia’s firm commitment [is] toward achieving international and regional stability through its regional and global development and humanitarian initiatives.”
On the sidelines of these meetings, Minister Aljadaan met bilaterally with other ministers as well as leaders from international financial institutions and private sector representatives.
Abdullah A. BinZaraah, Assistant Minister of Finance for Macro-Fiscal Policies and International Relations, also attended high-level events during this period. At one such event focused on building capacity in emerging economies’ financial systems he said: “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 COP30 Circle of Finance Ministers ministerial meeting BinZaraah emphasized support for reforms within multilateral development banks aimed at transparency while warning against standards that could harm policy effectiveness or increase financing costs.
