Saudi Arabia Aims to Maintain Economic and Financial Stability

Saudi Finance Minister Mohammed Al-Jadaan emphasized that the Kingdom is focusing on the sustainability of the impact of economic transformation as it enters the third phase of Vision 2030. This is being achieved through strengthening the legislative and regulatory environment, diversified financing methods, and developing a financial sector that is flexible and innovative while maintaining financial stability. He pointed out that the strength of the financial sector is measured by its ability to adapt and operate under all circumstances, and that the inclusion of Saudi sukuk in emerging market indices reflects the progress the Kingdom has made in achieving its financial and developmental goals. This approach comes amidst rapid economic and technological changes that present both challenges and opportunities for the Saudi financial market.

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