Saudi Arabia's Ministry of Finance highlights energy market stability and a balanced approach to global imbalances at G20 finance chiefs meeting

Saudi Arabia's Ministry of Finance reported that Finance Minister Mohammed Aljadaan participated in the first G20 Finance Ministers and Central Bank Governors meeting under the United States G20 Presidency, held on 16 April 2026 on the sidelines of the IMF and World Bank Group Spring Meetings in Washington, D.C. He linked global growth prospects to geopolitical stability and argued that stable and reliable energy markets are a key pillar for sustained global growth. The minister pointed to energy market volatility and supply chain disruptions as immediate challenges to global economic growth and financial stability, and called for proactive preparedness for global shocks supported by greater policy clarity, more flexible labour markets, stronger investment, and a central role for the private sector in designing and implementing reforms. He also urged a balanced approach to global imbalances that distinguishes between imbalances driven by economic fundamentals and those posing risks to stability, while taking account of country-specific circumstances; the meeting agenda included global growth dynamics, macroeconomic imbalances, monetary and financial sector developments, digital assets, and sovereign debt issues.