Kuwait City: Minister of Finance and Governor of Arab Financial Institutions Mohammed Aljadaan has concluded his participation in the Joint Annual Meetings of Arab Financial Institutions and the 16th Annual Meeting of the Council of Arab Finance Ministers, held in Kuwait from April 9 to 10.

According to Saudi Press Agency, during the Annual Meeting of the Board of Governors of the Arab Fund for Economic and Social Development, Aljadaan emphasized the importance of establishing strategic directions to address development gaps and meet the economic aspirations of Arab countries. He also stressed the need for clear methodologies to measure the developmental impact of funded projects.

At the Annual Meeting of the Board of Governors of the Arab Monetary Fund, Aljadaan highlighted the critical role of transparency and disclosure in internal governance and reporting mechanisms, noting their significance in enhancing trust and credibility in future institutional reports.

In his participation at the 16th Annual Meeting of the Council of Arab Finance Ministers, Aljadaan underscored the importance of adopting integrated frameworks to manage potential international financial risks and their implications for the region, particularly in light of mounting trade and economic pressures.

He further stressed the role of Arab financial institutions-especially the Arab Monetary Fund-in strengthening the technical and analytical capacities of member states to address regional economic challenges.

On behalf of the minister of finance, Deputy Minister for International Relations Khalid Bawazier took part in the meeting of the Board of Shareholders of the Arab Investment and Export Credit Guarantee Corporation, in addition to participating in a roundtable workshop organized by the Arab Monetary Fund and the Arab Fund for Economic and Social Development.