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Global challenges affecting development of low-income countries, says Saudi finance minister

Saudi Minister of Finance Mohammed Al-Jadaan attending the OPEC Fund for International Development ministerial meeting in Vienna. (SPA)
Saudi Minister of Finance Mohammed Al-Jadaan attending the OPEC Fund for International Development ministerial meeting in Vienna. (SPA)
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23 Jun 2023 02:06:04 GMT9
23 Jun 2023 02:06:04 GMT9

VIENNA, Austria: Saudi Minister of Finance Mohammed Al-Jadaan attended the forum and ministerial meetings of the OPEC Fund for International Development on June 20 and 21 to discuss various global challenges facing developing nations.

During the forum in Vienna, participants focused on the current development landscape, financing, sustainable food systems, climate innovation for a sustainable future, and policies and partnerships that prioritize people and the planet.

Al-Jadaan said: “Multilateral development banks are one of the main ways to support sustainable development globally, by providing multilateral solutions to development issues. They evidently made extraordinary efforts to support low- and middle-income countries since 2020.”

SPA

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