Suspect charged after Vancouver car ramming leaves 11 dead    Suspect in killing of general claims he was paid by Ukraine    North Korea confirms troop deployment to Russia for first time    Rock & Roll Hall of Fame picks Outkast but not Oasis    400-800 year old giant coral colony discovered within AMAALA waters in the Red Sea    Makkah police arrest Yemeni and Egyptian suspects of fake Hajj campaign    Kafalah grants 1,900 loan guarantees worth over SR4.8 billion to SMEs during 1Q 2025    Council of Senior Scholars reaffirms performing Hajj without a permit is a sinful act    HR Ministry launches 'Ajeer Al-Hajj' service for seasonal work during Hajj 2025    stc reports strong first-quarter 2025 results with 11% rise in net profit    King and Crown Prince offer condolence to Iranian president over the deadly port explosion    Saudi Awwal Bank records SR2.1 billion net profit after zakat and income tax for 1Q25    Virgin Atlantic celebrates one month of nonstop service between London and Riyadh    Al Ahli cruise past Buriram into AFC Champions League Elite semi-finals    Duran leads Al Nassr past Yokohama Marinos into AFC Champions League Elite semi-finals    Saudi orchestra to perform at Sydney Opera House in May    Al Hilal thrash Gwangju to reach AFC Champions League Elite semi-finals    Saudi Theater Commission launches its Work and Learn Project in UK    The season has begun — and one comment shook us all    Average life expectancy in Saudi Arabia rises to78.8 years    Pakistani star's Bollywood return excites fans and riles far right    Veteran Bollywood actor Manoj Kumar dies at 87    Bollywood actress vindicated over boyfriend's death after media hounding    Grand Mufti rules against posting prayers and preaching in mosques on social media    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Al-Jadaan: G20 Summit aims to move forward in spirit of cooperation and solidarity
Published in The Saudi Gazette on 17 - 11 - 2020

The Minister of Finance Mohammed Bin Abdullah Al-Jadaan has explained that the G20 Leaders' Summit, to be held under the presidency of the Custodian of the Two Holy Mosques King Salman, aims to move forward in the spirit of cooperation and solidarity, especially in light of a crisis the global economy and health face.
In a statement to the Saudi Press Agency (SPA), the minister said: "We are proud of the Kingdom of Saudi Arabia in chairing and organizing the G20 leaders' summit this year during this difficult period that the whole world is going through due to the COVID-19 pandemic."
The minister also touched upon the Extraordinary G20 Leaders' Summit, where the G20 members and invited countries have contributed more than $21 billion to fight COVID-19. These pledges are directed towards diagnostics, vaccines, therapeutics, and research and development for the benefit of all.
He also added that G20 countries are pumping more than $ 11 trillion within a stimulus package to support the global economy.
Al-Jadaan indicated that the Kingdom's Presidency of the G20 launched the historical initiative to suspend debt service payments, which allowed the poorest countries in this critical period to postpone the amount of $14 billion of debts owed by them this year and to benefit from these sums to face the pandemic.
On the importance of anticipating the future and supporting recovery from the pandemic in the long term, the minister said: "The upcoming G20 Leaders' Summit will seek to strengthen international cooperation to support the stage of global economic recovery and lay solid foundations for a phase of strong, sustainable, balanced and comprehensive growth."
The minister noted that he is optimistic about the constructive outcomes of this summit, and what it will achieve in the international community's interest and the global economy.
At the end of his statement, the minister said: "We in the Kingdom are completely confident that we, under the wise leadership and through our tireless work with G20 members and with partners around the world, will be able to overcome this global crisis." — SPA


Clic here to read the story from its source.