Finance Minister Heads Saudi Delegation to GCC Financial & Economic Cooperation Meeting

Saudi Minister of Finance Mohammed Aljadaan headed the Kingdom of Saudi Arabia's delegation participating in the 122nd meeting of the Gulf Cooperation Council (GCC) Financial and Economic Cooperation Committee, held Thursday in Doha, Qatar, with the participation of the finance ministers of GCC countries and GCC Secretary-General Jassim Mohammed Albudaiwi.

‏The participants discussed key issues related to strengthening financial and economic cooperation between GCC countries, while the committee was informed of the recommendations from the GCC Undersecretaries of Ministries of Finance Committee and the latest developments from the Secretariat General.

‏On the sidelines of the meeting, Minister Aljadaan participated in the first session of the GCC Future Forum, entitled "Industries of the future and models of cooperation," in the presence of the Qatari Minister of Finance Ali Al Kuwari, Kingdom of Bahrain Minister of Finance and National Economy Shaikh Salman bin Khalifa Al Khalifa, and International Monetary Fund (IMF) Managing Director Kristalina Georgieva.

‏Minister Aljadaan emphasized during the session that the GCC countries share joint opportunities and challenges, and close cooperation at both the local and international levels is directly in the interest of the Gulf states and contributes to achieving their shared goals and enhancing their global standing.

‏Minister Aljadaan also participated in the joint meeting of the GCC finance ministers and central bank governors, along with the IMF’s Georgieva, to discuss economic prospects and political challenges facing the GCC in 2024.