London, December 21, 2022, SPA -- Minister of Finance, Mohammed Al-Jadaan, held a meeting with the Chancellor of the Exchequer, the Right Honorable Jeremy Hunt, at the British capital, on Tuesday, December 20, 2022. The meeting discussed bilateral relations and aligned them with major global economic issues that include the ones raised during the G20, IMF and the World Bank Group. Both ministers also discussed the promising outlook of the Saudi economy. The meeting witnessed the signing ceremony of a memorandum of understanding between the two sides that aims to highlight opportunities, exchange experiences, and enhance cooperation between the two countries in the fields of financial development and public finance services. During his two-day visit to the United Kingdom, Al-Jadaan met with the Minister of Investment, Lord Johnson, and discussed ways to enhance relations and cooperation in financial services between the two countries. Through the courtesy of the Saudi-British Joint Business Council, the minister also met with interested investors and CEOs and reviewed the promising outlook of the Saudi economy, and the Kingdom’s ongoing plans for economic and financial reforms within the framework of Saudi Vision 2030. Al-Jadaan also held a meeting with the Lord Mayor of London, Nicholas Lyons, and reviewed public-private partnerships in the Kingdom with him. The two also discussed the opportunities within Privatization Program and the Saudi Partnership. Later, Al-Jadaan met with representatives of companies interested in the rapid growth of privatization opportunities and public-private partnerships in the Kingdom. --SPA 20:03 LOCAL TIME 17:03 GMT 0039 www.spa.gov.sa/w1829726