{"id":33988,"date":"2025-02-16T21:55:00","date_gmt":"2025-02-16T21:55:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4620432_AE20432_0"},"modified":"2025-02-16T21:55:00","modified_gmt":"2025-02-16T21:55:00","slug":"joint-statement-by-saudi-finance-minister-and-imf-managing-director-on-supporting-recovery-in-the-middle-easts-conflict-affected-economies","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=33988","title":{"rendered":"Joint Statement by Saudi Finance Minister and IMF Managing Director on Supporting Recovery in the Middle East’s Conflict-Affected Economies"},"content":{"rendered":"

ALULA, Saudi Arabia<\/span><\/span>, Feb. 17, 2025<\/span><\/span> \/PRNewswire\/ — On the sidelines of the inaugural annual global AlUla Conference for Emerging Market Economies in Al Ula<\/span>, Saudi Arabia<\/span> (February 16-17<\/span>), Saudi Arabia’s<\/span> Finance Ministry and the International Monetary Fund (IMF) co-hosted a high-level roundtable on “Working Together to Support Recovery in the Middle East’s<\/span> Conflict-Affected Economies”, with a focus on Syria,  bringing together finance ministers of countries in the region, the Minister of Foreign Affairs of Syria<\/span>, the Managing Director of Operations at the World Bank Group and heads of other International Financial Institutions and the Arab Coordination Group. <\/p>\n

Following the meeting, Kristalina Georgieva<\/span>, Managing Director of the IMF, and Mohammed Aljadaan, Finance Minister of Saudi Arabia<\/span>, made the following statement:<\/p>\n

“This important meeting brought together representatives from the Middle East<\/span> and key economic and development partners to discuss how we can work together to support recovery in the Middle East’s<\/span> conflict-affected economies, with a focus on Syria<\/span>.<\/p>\n

“We thank all participants for realizing the urgency and importance of this task, as well as for their commitment to pool knowledge and work together to ensure that the conflict-affected countries can start addressing their humanitarian needs and begin a rebuilding era for their economies in an efficient, swift, and durable way for the benefit of their people.<\/p>\n

“Participants welcomed the meeting as an opportunity to discuss recent developments and build a common understanding of the challenges facing conflict-affected countries. They emphasized the importance of strengthening coordination to support the recovery of these countries as the negative spillovers would impact all. Particular attention was paid to the situation in Syria<\/span>.<\/p>\n

Participants agreed on the following priorities to support conflict-affected countries:<\/p>\n