Al-Jadaan: Saudi Arabia’s investments in alternative paths have enhanced energy security and trade flow

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Saudi Finance Minister Mohammed bin Abdullah Al-Jadaan concluded his participation in the third meeting of finance ministers and central bank governors of the G20, in the Thai capital, Bangkok, under the presidency of the United States of America, in conjunction with the annual meetings of the World Bank Group and the International Monetary Fund for the year 2026.

In his speech during the meeting, which was held today, Thursday, Al-Jadaan stressed that the global economy has demonstrated the ability to adapt to recurring disturbances, stressing that flexibility represents the basis of this adaptation, with the need to understand its cost, ways to enhance it, and how to finance it.

Arab Monetary Fund: The Saudi economy has proven a high capacity for resilience

He explained that countries' financial policies should protect the foundations of growth, pointing out the importance of effective international cooperation in achieving economic stability.

He added that the availability of reliable energy at reasonable prices and the continued flow of basic commodities contribute to containing price pressures and alleviating the burden on national budgets, thus helping to deal with the state of uncertainty.

Al-Jadaan pointed out that the Kingdom of Saudi Arabia contributed, in light of the state of uncertainty, to ensuring the continuity of energy supplies and the flow of trade, thanks to its investments in alternative paths.

At the end of his speech, he stressed the importance of the role played by multilateral financial institutions in helping the economies most vulnerable to risks cope with financing pressures, through financial and technical support programs and providing advice.