Saudi Ministers line up to address future public finance challenges at Euromoney Saudi Arabia Conference
- Saudi Arabia: Saturday, March 16 - 2013 at 10:20
- PRESS RELEASE
Saudi Arabia's top ministers are gathering in Riyadh this May to ask: "Are public finances in the Kingdom sustainable?" This is the focus of the forthcoming eighth Euromoney conference.
Among those answering this year will be H.E. Dr. Ibrahim Al-Assaf, Saudi Minister of Finance; H.E. Dr. Muhammad Al-Jasser, Saudi Minister of Economy and Planning; H.E. Dr. Tawfig Al-Rabiah, Saudi Minister of Commerce & Industry; H.E. Dr. Shwaish Al-Duwaihi, Saudi Minister of Housing and H.E. Eng. Abdullatif Al-Othman, Governor and Chairman of the Board of Directors at the Saudi Arabian General Investment Authority (SAGIA).
Richard Banks, Director for Euromoney said: "Euromoney Saudi Arabia Conference has its eye firmly on the Kingdom's future. Creating sustainable efficiency in public finances and enhancing the competitiveness of the Kingdom's financial system will be under close scrutiny. We know our findings will be vital reading for policy-makers and investors alike."
Government spending in the Kingdom rose between 20 and 25% in 2011, on social programmes and pledges to ailing regional economies buried by turmoil. Therefore regional policy makers pay very close attention to Saudi Arabia's finances.
Both public and private sector players - such as lead sponsors Aseer, BNP Paribas, Gulf International Bank, HSBC & NCB - will take part in the lively discussions at the Euromoney Saudi Arabia Conference 2013; the oldest, biggest and most influential financial conference in Saudi Arabia.
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