
Economy
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Saudi energy investments helped cushion global economy from shocks, finance minister says
Arab NewsAdded 26 hours ago
Saudi Arabia's finance minister highlighted the role of the Kingdom's energy investments in stabilizing the global economy amid recent shocks.
During the IMF and World Bank Annual Meetings, he noted that these investments, along with structural reforms, have enhanced the country's resilience against regional uncertainties.
The minister emphasized that Gulf Cooperation Council countries are now better equipped to handle economic challenges, showcasing a collective strength in the face of global market fluctuations.