Riyadh, Saudi Arabia,, February 14, 2025 / PRNEWSWIRE / – The al “Alula for emerging market economies, organized jointly by the Saudi Finance Ministry and the International Monetary Fund (IMF), launches next week February 16-17, 2025 in alula, Kingdom of Saudi Arabia. The high-level annual event is a global world platform aimed at promoting dialogue and cooperation concerning the economic challenges faced by emerging markets, in the context of the structural transformations of the global economy, bringing together decision -makers, eminent economists and experts from everyone.
His Excellency, Saudi Finance Minister, Mr. Mohammed Aljadaan, said the conference would be a unique platform for the exchange of knowledge, promoting informed decision-making and discussions on politicians. It will provide the opportunity to engage in regional and global economic developments and to discuss policies and reforms aimed at promoting prosperity and resilience. This underlines the solid partnership of the Kingdom with the IMF and comes less than a year after the IMF has established its regional office in RiyadhTo support the economies of the region by providing technical assistance which contributes to the realization of sustainable development for these countries.
Minister Aljadaan said that the conference will discuss the economic challenges faced by emerging markets and development economies, including slow growth, forced tax space and the increase in financing needs while public debt is high . It will contribute to the supply of effective solutions to meet these challenges. In addition, he said that the conference would highlight the possibilities of emerging markets and developing economies to improve cooperation and improve their economic growth and their resilience.
His Excellency the Director General of the IMF, Dr. Kristalina Georgievasaid: “The inaugural conference of the Anslila conference for emerging market economies is at a time of significant economic transformation. The conference provides an important platform to bring together decision-makers, the private sector and the main stakeholders to discuss The means by which emerging market countries can seize opportunities among these economic transformations, increase their competitiveness and benefit from strong growth led by the private sector “.
“The joint conference reflects the in -depth partnership between Saudi Arabia And the IMF, where Minister Aljadaan is president of the International Monetary and Financial Committee (IMFC). This partnership is rooted with a common goal of building dynamic and resilient economies. “Added Dr Georgieva.
The conference will include several key sessions and themes, including monetary and fiscal policies concerning emerging markets and developing economies, the importance of these macroeconomic and financial stability policies and innovative solutions to the management of sovereign debt. It will also address the role of modern technology and artificial intelligence to support economic development.
Source of the Ministry of Finance
