Politics · Saudi Arabia · 5 hrs ago
IMF committee extends Saudi finance minister's chairmanship to January 2028
The IMF extended Saudi Finance Minister Mohammed Al-Jadaan's chairmanship of its International Monetary and Financial Committee for one year.
The extension runs until January 2028, after he completed his original three-year term.
Al-Jadaan accepted a request from committee members, who agreed unanimously to the extension with the support of IMF management.
The committee is the IMF's main ministerial advisory body, guiding the fund's priorities and discussing issues affecting the global monetary and financial system.
It represents the IMF's 191 member countries through 25 members, including finance ministers and central bank governors.
The extension recognizes Saudi Arabia's role in building consensus and supporting dialogue and cooperation during economic challenges and uncertainty.
The IMF extended Saudi Finance Minister Mohammed Al-Jadaan’s term as chair of its International Monetary and Financial Committee until January 2028.
The extension adds one year after he completed his original three-year term.
Committee members agreed unanimously, with the support of IMF management.
The committee said the extension recognized Saudi Arabia’s work to foster international consensus and promote dialogue and multilateral cooperation.
The IMFC provides strategic guidance on the IMF’s priorities and discusses issues affecting the international monetary and financial system.
- Who
- Mohammed Al-Jadaan, Saudi Arabia’s finance minister, and chair of the IMF’s International Monetary and Financial Committee.
- What
- His chairmanship was extended for one year, until January 2028.
- When
- The extension was announced on October 13, 2026.
- Where
- Bangkok.
- Why
- Committee members recognized Saudi Arabia’s chairmanship and its efforts to foster consensus, dialogue and multilateral cooperation.
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- Chair
- Mohammed Al-Jadaan
- Committee
- IMF’s International Monetary and Financial Committee
- Extension
- One year
- New end date
- January 2028
- Decision
- Unanimous agreement by committee members, with IMF management support