ID :
81202
Wed, 09/23/2009 - 10:57
Auther :

Finance Minister highlights Kingdom's role in G 20



Riyadh, Sept 22, SPA -- The Minister of Finance Dr. Ibrahim bin
Abdulaziz Al-Assaf stressed that the membership of the Kingdom of
Saudi Arabia in the global economic Group of Twenty (G20) and its
participation in discussing the world economic and financial issues
came since that the Kingdom is the world's biggest oil exporter and
has the largest in oil reserves with an increased production
capacity, pointed out that "the Kingdom is now a key economic player
on the map of the world economy".

"These data and facts enabled the Kingdom to be an influential force
in the world oil market, not to mention that the Saudi economy is the
largest in the region, in addition to its development contributions
and support of the international financial institutions particularly
the World Bank and International Monetary Fund" Dr. Al-Assaf
explained in an economic analysis on G 20 written by him to Saudi
Press Agency on the 79th Anniversary of the Kingdom's National Day.
--More

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