Saudi Finance Minister Mohammed Al-Jadaan said the Kingdom is committed to providing the right conditions for achieving stability and economic growth in the Arab region.
He also pointed out that global challenges require the development of sustainable economic and financial models that increase resilience to challenges and risks, and indicated that Riyadh has committed $10 billion to maintain food security in the Arab countries.
During the launch of the work of the economic and social community in preparation for the Arab summit, he explained that successive global crises have led to common development and economic problems that have shown us the importance of economic integration between Arab countries.
He noted that Saudi Arabia has developed a number of initiatives to address emerging issues in the world and the Arab region, including the Green Middle East initiative and the circular economy approach, which will contribute to meeting international targets to reduce carbon emissions. and maintain the energy supply the world needs.
He added that Saudi Arabia has also been working to improve food security by providing $10 billion to maintain Arab food security and address debt problems in the region.
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