18 Hrs
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الاقتصادية
IMF extends Saudi Arabia's financial role
The International Monetary Fund has extended the tenure of Saudi Finance Minister Mohammed Al-Jadaan as Chair of the International Monetary and Financial Committee until January 2028, following approval by the members and unanimous agreement of the committee. The committee serves as the IMF's principal advisory body and comprises 25 ministers of finance and central bank governors from 191 countries, responsible for guiding the priorities of the international monetary and financial system. The decision to extend the term recognizes Al-Jadaan's success in fostering international consensus and strengthening multilateral cooperation, and reflects ongoing Saudi leadership in supporting global fiscal and monetary policies.
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