Dr. Alkhareif highlights need to focus on the current challenges facing global economy

RIYADH —The Deputy Finance Minister for International Affairs, Dr. Ryadh Mohammed Alkhareif, participated in the first G20 Finance and Central Bank Deputies meeting held in Bengaluru, India, during Dec. 13-14, in the presence of deputy ministers of finance and governors of central banks of the countries of the group, and representatives of international financial and development organizations.

The meeting focused on the priorities of the Indian presidency and the agenda of the financial track working groups. The meeting also witnessed a discussion of issues related to the global economy and the risks surrounding growth.

In his intervention, Dr. Alkhareif highlighted the need to focus on the current challenges facing the global economy, including the high inflation and the effect of rising interest rates significantly in a very short period of time, which will have a direct impact on debt…

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