IMF
Chief terms Saudi Vision 2030 a remarkable example of economic transformation
During
a session titled "A New Vision for Global Development" at the World
Economic Forum in Riyadh, International Monetary Fund Director Kristalina
Georgieva praised Saudi Arabia's Vision 2030 as a remarkable example of the
country's capacity for transformation.
Georgieva
emphasized the imperative of distributing the benefits of economic growth more
equitably across nations, highlighting the significant economic disparities
that persist globally.
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appreciates Vision 2030 to keep Saudi economic and fiscal position strong
She noted that despite global economic resilience in navigating
crises, challenges remain, including subpar economic growth rates and
disparities in performance among countries. Georgieva underscored the
importance of addressing these challenges to avoid future instability, urging
concerted efforts to foster economic strength, responsible fiscal management,
and the harnessing of technology to enhance human capital.
The session at the World Economic Forum aims to facilitate
dialogues and discussions aimed at bolstering international cooperation and
fostering innovative, sustainable solutions to global challenges.
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Georgieva praises Saudi Vision 2030 reforms as highly successful
Georgieva's remarks reflect a broader
recognition of the need for inclusive growth strategies and collaborative
efforts to promote global economic stability and prosperity.
Source:
Kuwait Times
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