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Saudi investments eased impact of global energy shock, says finance minister

Finance Minister Mohammed Al-Jadaan says Saudi investments helped mitigate the effects of the global energy shock, with reforms aiding Gulf states.

Ajel News1 hour ago · 1 min read
Saudi finance minister speaks at Bangkok press conference

Key Takeaways

AI

Finance Minister Mohammed Al-Jadaan said Saudi Arabia's investments have helped limit the impact of the global energy shock.

Speaking at a press conference in Bangkok, he added that structural reforms have enabled most Gulf countries to manage the shock.

Al-Jadaan noted that the global economy continues to grow and is showing remarkable resilience despite the challenges facing countries.

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