[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-111349-en":3,"doc-seo-111349-105":28,"detail-sidebar-cat-0-en-105":88},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":4,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":13,"seo_description":14,"update_tm":27,"read_time":11},111349,549758252649,"Ivy","https://ap-avatar.wpscdn.com/avatar/8000253669c5317157?_k=1778319167496531819",8,"Research & Report","Statement by H.E. Mohammed Aljadaan - 111th Meeting of the Development Committee - April 24, 2025","Statement delivered by H.E. Mohammed Aljadaan, Minister of Finance of the Kingdom of Saudi Arabia, at the 111th Meeting of the Development Committee (April 24, 2025). The statement highlights how shifting global trade patterns increase uncertainty for developing countries, urging proactive World Bank Group policy dialogue to mitigate risks and support inclusive, sustainable development. It stresses urgent, collective action in fragile and conflict-affected situations, the importance of reconstruction and institution-building, and a strong commitment to IDA21 for low-income countries. It also frames jobs as a prerequisite for prosperity, emphasizing private-sector-led access to finance, energy, and connectivity, alongside human capital and justice reforms.","Public Disclosure Authorized  \nPublic Disclosure Authorized  \nDEVELOPMENT COMMITTEE  \n(Joint Ministerial Committeeof the  \nBoards of Governors of the Bank and the Fundon theTransfer of Real Resources to Developing Countries)  \nONE HUNDRED AND ELEVENTH MEETINGWASHINGTON,DC-APRIL 24,2025  \nStatement by  \nH.E.Mohammed AljadaanMinister of Finance  \nThe Kingdom of Saudi Arabia  \nDC/S/2025-0032  \nApril 24,2025  \nStatement by  \nH.E.Mohammed AljadaanMinister of Finance  \nThe Kingdom of Saudi Arabia  \n111hMeeting of the Development Committee  \nApril 24,2025  \nWashington,DC  \n# Global Landscape\n\nEmerging patterns in global trade are clouding outlook for the global economy and creating uncertaintyabout how developing countries may be impacted,individually and collectively.These factors should beconsidered in the World Bank's policy dialogue with client countries.By embracing these changesproactively,the World Bank Group(WBG)can help its clients mitigate risks,adapt to uncertainties,andseize opportunities to foster inclusive and sustainable development.  \n# Fragile and Conflict Affected Situations\n\nWe express our profound concern over the worsening humanitarian crises in some fragile and conflict-affected situations(FCS),including in Palestine and Sudan.These crises have devastating consequencesfor millions of people,underscoring the urgent need for collective action to address immediate needs,protect civilians,and ensure the effective delivery of humanitarian aid.In addition,support for post-conflictcountries,such as Syria,is critical to fostering stability,rebuilding institutions,and enabling sustainabledevelopment.  \nThe WBG,in collaboration with the International Monetary Fund(IMF)and other development partners,must play a leading role in supporting reconstruction and development in FCS.This includes rebuildinginstitutions,restoring livelihoods,and creating opportunities for growth,stability,and resilience.Indeed,multilateral institutions,including the WBG and IMF,must prioritize tailored,context-sensitive solutionsthat address the root causes of fragility,while fostering hope for a better future for affected populations.  \n# IDA21&Sustainable Development\n\nSaudi Arabia continues to support global development and sustainable economic growth,particularly forlow-income countries.Recognizing the potential profound impact that IDA21 will have on hundreds ofmillions of lives,Saudi Arabia reaffirms our strong commitment to IDA.Supporting IDA is an essentialmean to the end of addressing the urgent development needs of low-income countries,and its cascadingdirect benefit to the security and stability of the international community.  \n# Jobs:A Prerequisite for Prosperity\n\nThe growth-jobs connection is central to development,yet slower global growth and rising populations inlow-income countries (LICs)present an urgent challenge.By 2035,300 million young people may lackemployment opportunities,making poverty reduction and prosperity goals harder to achieve.The keypriorities for the job agenda are as follows:  \nThe private sector holds the key to addressing this challenge,as 80-90%ofall jobs are created by privateenterprises.To thrive,businesses need this access nexus:(1)access to finance,including patient long-termcapital;(2)access to reliable and affordable energy;and(3)connectivity,both physical and digital.Todeliver on this access nexus at scale,the WBG must utilize partnerships with multilateral institutions,  \ncatalyze private investments,tap into all energy sources,and prioritize knowledge sharing and capacitybuilding.Innovation across these areas can multiply impact and expand opportunities.  \nInvesting in human capital is equally vital.Education systems must equip workers with future-ready skillswhile promoting inclusivity to ensure opportunities for all,including for youth and women.For example,Saudi Arabia has increased women's labor force participation from 21.2%in 2017 to 36.2%by 2024,demonstrating the power of targeted policies.  \nIn","cbCaivqpT8vcb98T","https://ap.wps.com/l/cbCaivqpT8vcb98T","pdf",257530,1,3,"English","en",105,"# Global Landscape\n# Fragile and Conflict Affected Situations\n# IDA21 & Sustainable Development\n# Jobs: A Prerequisite for Prosperity","[{\"question\":\"What global economic concern does the statement emphasize?\",\"answer\":\"It highlights that emerging patterns in global trade are clouding the outlook and creating uncertainty about how developing countries may be affected, individually and collectively.\"},{\"question\":\"Why does the statement stress support for fragile and conflict-affected situations?\",\"answer\":\"It warns that worsening humanitarian crises have devastating consequences, requiring collective action to address immediate needs, protect civilians, and ensure effective delivery of aid, while also supporting post-conflict reconstruction.\"},{\"question\":\"What is the statement’s key approach to advancing jobs and prosperity?\",\"answer\":\"It argues that private-sector job creation depends on access to finance, reliable and affordable energy, and connectivity, while investing in human capital and strengthening justice systems to curb corruption.\"}]",1784489724,{"code":4,"msg":29,"data":30},"ok",{"site_id":24,"language":23,"slug":31,"title":13,"keywords":32,"description":14,"schema_data":33,"social_meta":83,"head_meta":85,"extra_data":87,"updated_unix":27},"statement-by-he-mohammed-aljadaan-111th-meeting-of-the-development-committee-april-24-2025","",{"@graph":34,"@context":82},[35,51,65],{"@type":36,"itemListElement":37},"BreadcrumbList",[38,42,46,48],{"item":39,"name":40,"@type":41,"position":20},"https://docshare.wps.com","Home","ListItem",{"item":43,"name":44,"@type":41,"position":45},"https://docshare.wps.com/document/","Document",2,{"item":47,"name":12,"@type":41,"position":21},"https://docshare.wps.com/document/research-report/",{"item":49,"name":13,"@type":41,"position":50},"https://docshare.wps.com/document/statement-by-he-mohammed-aljadaan-111th-meeting-of-the-development-committee-april-24-2025/111349/",4,{"url":49,"name":13,"@type":52,"author":53,"headline":13,"publisher":55,"fileFormat":58,"inLanguage":23,"description":14,"dateModified":59,"datePublished":59,"encodingFormat":58,"isAccessibleForFree":60,"interactionStatistic":61},"DigitalDocument",{"name":9,"@type":54},"Person",{"url":39,"name":56,"@type":57},"DocShare","Organization","application/pdf","2026-07-19",true,{"@type":62,"interactionType":63,"userInteractionCount":4},"InteractionCounter",{"@type":64},"ViewAction",{"@type":66,"mainEntity":67},"FAQPage",[68,74,78],{"name":69,"@type":70,"acceptedAnswer":71},"What 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