Riyadh – Sharikat Mubasher: The AlUla Conference for Emerging Market Economies, organized by the Saudi Ministry of Finance and the IMF, will take place on 16-17 February 2025, in AlUla, Saudi Arabia.
This annual event serves as a global platform for addressing the economic challenges faced by emerging markets, promoting dialogue and cooperation among decision-makers, economists, and experts worldwide, according to an official press release.
Mohammed Aljadaan, Saudi Minister of Finance, emphasized that the conference will foster knowledge exchange and policy discussions on regional and global economic developments, advancing informed decision-making. It highlights Saudi Arabia’s partnership with the IMF, particularly following the IMF’s establishment of a regional office in Riyadh last year to support sustainable development in the region.
The conference will focus on challenges like sluggish growth, fiscal constraints, and rising financing needs, while also exploring solutions to enhance economic resilience. It will emphasize cooperation among emerging markets to boost growth.
Kristalina Georgieva, IMF Managing Director noted that the conference offers a platform to discuss how emerging markets can capitalize on economic transformations, increase competitiveness, and foster private sector-led growth. She also highlighted the strong partnership between Saudi Arabia and the IMF in building resilient economies.
Key topics at the conference will include monetary and fiscal policies for stability, innovative debt management solutions, and the role of technology and AI in economic development.
