Business · Economy · 11 hrs ago
Saudi Finance Minister Sees Crises as Opportunities to Accelerate Progress
Saudi Finance Minister Mohammed Al-Jadaan said crises can create opportunities for progress despite the challenges they bring.
He spoke at a meeting with Arab finance officials and World Bank President Ajay Banga in Bangkok, alongside the 2026 annual meetings of the World Bank and International Monetary Fund.
Al-Jadaan and South Korean Deputy Prime Minister and Finance Minister Lee Hyoung-il discussed ways to expand financial and economic cooperation between their countries.
He also met Italian Economy and Finance Minister Giancarlo Giorgetti to discuss joint investment and future cooperation.
Al-Jadaan said decisions made now can help build a stronger future for coming generations.
He said coordination and international partnerships can help turn challenges into practical opportunities that support sustainable growth and economic stability.
Saudi Finance Minister Mohammed Al-Jadaan said crises can create opportunities to accelerate progress.
He said timely decisions are essential to building a stronger and more prosperous future for future generations.
Al-Jadaan made the remarks at a meeting of Arab governors with World Bank President Ajay Banga in Bangkok.
He also held talks with South Korean and Italian officials on economic and financial cooperation.
- Who
- Saudi Finance Minister Mohammed Al-Jadaan, World Bank President Ajay Banga, and officials from South Korea and Italy.
- What
- Al-Jadaan said crises can offer opportunities to accelerate progress and held talks on international economic cooperation.
- When
- During the 2026 annual meetings of the World Bank and International Monetary Fund.
- Where
- Bangkok, Thailand.
- Why
- To discuss shared economic and financial issues and strengthen cooperation and partnerships.
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- Location
- Bangkok, Thailand
- Event
- 2026 annual meetings of the World Bank and International Monetary Fund
- World Bank president
- Ajay Banga
- South Korean official
- Deputy Prime Minister and Finance and Economy Minister Lee Hyoung-il
- Italian official
- Economy and Finance Minister Giancarlo Giorgetti
What people are saying
Crises, despite the challenges they impose, carry within them opportunities to accelerate the pace of progress.