Al-Jadaan: Saudi investments mitigated impact of energy shock on global economy
BANGKOK — Saudi Minister of Finance Mohammed Al-Jadaan affirmed that investments by countries such as Saudi Arabia had helped mitigate the impact of the energy shock on the global economy. “The shock would have been far more severe without these investments,” he said. Al-Jadaan, who is also chairman of the International Monetary and Financial Committee (IMFC) of the International Monetary Fund (IMF), made the remarks during a joint press conference with IMF Managing Director Kristalina Georgieva at the conclusion of the IMF and World Bank Annual Meetings in Bangkok, which addressed global…
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