Finance minister highlights private sector role in resilience at WEF roundtable
RIYADH — Saudi Minister of Finance Mohammed Aljadaan participated on Thursday in a high-level virtual roundtable of the Resilience Consortium, an initiative led by the World Economic Forum (WEF) aimed at enhancing global economic resilience amid escalating global challenges.
The meeting brought together ministers, CEOs, and heads of international organizations to examine the private sector's critical role in strengthening resilience, spurring innovation, and promoting sustainable growth, particularly in emerging markets.
During the session, Aljadaan stressed the importance of expanding private sector engagement to accelerate development goals, boost GDP, and create a more attractive climate for investment.
'Investing in e-government services is not merely a modernization effort,' Aljadaan said. 'It is a vital step toward building a transparent, efficient ecosystem where the private sector can thrive. Our economic transformation is anchored in strong partnerships.'
The finance minister highlighted the Kingdom's new Investment Law, which aims to level the playing field for investors, streamline regulatory processes, and enhance investor protection.He also emphasized the value of targeted public investments in high-potential sectors, saying such initiatives act as catalysts for attracting private capital and accelerating innovation.Established by the WEF in 2022, the Resilience Consortium brings together leaders from governments, businesses, and global institutions to strengthen economic systems against rising risks including climate change, pandemics, and geopolitical uncertainty.
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