Finance Minister Lauds First Visit Paid by World Bank President to the Kingdom

  • 2/10/2023
  • 23:47
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Jeddah, Sha'ban 4, 1435, Jun 2, 2014, SPA -- Dr. Ibrahim bin Abdulaziz Al-Assaf, Minister of Finance, stressed that the Kingdom of Saudi Arabia's reserve abroad is not inflated and an appropriate size, pointing out that the government invests in the industrial sector through the Industrial Development Fund or the Public Investment Fund, or through supporting infrastructure projects. During a joint press statement held last night following his meeting with the President of the World Bank, Dr. Ibrahim has hailed the bank's developmental role in many developing countries, particularly Arab countries, lauding the support provided by the government of Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz Al Saud for many Arab countries. --More 17:34 LOCAL TIME 14:34 GMT www.spa.gov.sa/w

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