Al-Jadaan Highlights AIIB's Developmental Focus

Minister of Finance Muhammad bin Abdullah Al-Jadaan participated in the 11th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank, held in Doha under the theme "Future Infrastructure: Impact and Innovation." He emphasized that the success of the bank is measured by its developmental impact, not just the volume of financing or projects. He explained that progress is reflected in improved infrastructure services, stronger institutions, greater economic resilience, and broader private sector participation. He highlighted the importance of enhancing communication with member countries, supporting multi-year programs, and collaborating with development banks and international organizations, while considering the varying capacities and national institutions. The Kingdom is a founding member of the bank, which was established in 2016 in Beijing.

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