Saudi Arabia emphasizes strengthening international coordination to address shared economic challenges
RIYADH — The sixth meeting of the Deputies of the International Monetary and Financial Committee (IMFC) was held virtually on September 29.A number of senior officials and experts from member states attended the meeting, chaired Saudi Arabia.In his opening remarks, the Chair of the IMFC Deputies Dr. Ryadh Alkhareif noted that the global economic outlook continues to face numerous challenges amid…
On September 29, the IMFC's sixth meeting took place virtually, with senior officials and experts from member states convening under Saudi Arabia's chairmanship. Dr. Ryadh Alkhareif, the Chair of the IMFC Deputies, highlighted the ongoing global economic challenges, noting the impact of geopolitical developments. Alkhareif stressed the significance of international cooperation and policy coordination to overcome these hurdles and promote sustainable growth.
He reaffirmed the IMFC's role in fostering multilateral collaboration and the IMF's pivotal position in aiding member nations and fostering global economic stability. The attendees examined the IMF Managing Director's Global Policy Agenda and deliberated on the Fund's responsibilities in aiding member states and enhancing global economic resilience.
The gathering also delved into the draft IMFC Communiqué and critical international economic and fiscal policy topics in the lead-up to the 2026 Annual Meetings of the IMF and the World Bank Group, scheduled for October 12-18 in Bangkok, Thailand.
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