Against this backdrop,the International Monetary Fund and the Kingdom of Saudi Arabia have agreed to jointly organise an annual high-level conference in AlUla,Saudi Arabia,to address the challenges and opportunities facing emerging market economies. The frist conference in this series will be held on February 16-17, 2025.
The AlUla Conference for Emerging Market Economies, co-organized by the Ministry of Finance and the International Monetary Fund (IMF), will kick off on February 16-17, 2025, in AlUla. The annual high-level event is a prominent global platform aimed at promoting dialog and cooperation regarding the economic challenges facing emerging markets, in the context of …
The Kingdom of Saudi Arabia and the International Monetary Fund announced the organization of an annual high-level conference in the city of Al-Ula during the period from February 16-17, 2025, to address the challenges facing emerging market economies and the opportunities available to them. The conference will cover crucial topics including fiscal policy, debt sustainability, and innovative solutions for economic development, as well as the role of modern technology and digitalization.
The conference shows the deep proof of the proof of Saudi arabia and the IF, in which Aljadanan’s minister serving the chairman of Aljadan’s international funding and financial funding. This partnership is based on the key focus on building a duxic and revolutionary economy, ”he contributed Dr Georgieva.
The conference will be taking the important conference and subjects including details policy regarding a threshold and other submission countries and also innovative solutions State debt. it also deals with modern modern technology and gameout in promoting economic development.
Expert Interview on the AlUla Conference
In this exclusive interview, the Senior Editor of World Today News talks to a specialist guest about the upcoming AlUla conference, set to be held in the city of alula, Saudi Arabia, in February 2025. The conference aims to address the economic challenges facing emerging markets and explore innovative solutions for economic progress.
The AlUla conference is significant as it serves as a prominent global platform for dialog and cooperation regarding the economic challenges facing emerging markets. Organized jointly by the Kingdom of Saudi Arabia and the International Monetary Fund (IMF), it will cover crucial topics such as fiscal policy, debt sustainability, and innovative solutions for economic development. This high-level event underscores the importance of international cooperation in addressing the complex economic issues that emerging markets are facing.
Modern technology and digitalization play a pivotal role in promoting economic development by offering innovative solutions to long-standing economic challenges. For instance, digital financial services can enhance financial inclusion, reduce the cost of transactions, and improve the efficiency of payments. Digital technologies also enable the creation of new business models and facilitate access to markets, contributing to economic growth and job creation. The conference will delve into how technology can be harnessed to boost economic development and foster sustainable growth in emerging markets.
The conference will explore various innovative solutions for debt sustainability, focusing on enhancing debt clarity and improving debt management frameworks. These include implementing modern technology for better fiscal monitoring and early warning systems, improving debt contracting practices, and fostering greater collaboration between creditors and debtors. Additionally, there will be discussions on innovative financial instruments and mechanisms that can help emerging economies manage their debt more effectively and sustainably.
The conference reflects a deep partnership between Saudi Arabia and the IMF, with key figures from both organizations contributing to its organization and content. Saudi Arabia’s focus on building a dynamic and revolutionary economy aligns with the IMF’s emphasis on promoting sustainable economic growth and financial stability in emerging markets. This partnership is designed to strengthen economic policies, enhance debt sustainability, and foster cooperation in addressing the economic challenges faced by these countries.
Participants are expected to gain a deep understanding of the current economic landscape in emerging markets, including the challenges and opportunities that lie ahead. The conference will provide actionable insights into effective fiscal policies, debt management strategies, and the role of technology in economic development.Attendees will also have the possibility to network with key stakeholders, forge new partnerships, and contribute to the global dialogue on emerging market economies.
