RIYADH: The impact of soaring inflation on the world’s economies, and the Middle East and North Africa region in particular, was among the most important topics that dominated this year’s annual conference of the Saudi Central Bank.
This falls in line with the 2023 theme of the conference — Inflation Dynamics During Uncertain Times: The Path Toward Stable and Sustainable Recovery.
The second annual Central Bank Conference on Development Economics in the Middle East and North Africa was held on Jan. 31 to Feb. 1, in Riyadh.
During his opening speech, SAMA Deputy Governor for Research and International Affairs Fahad Alshathri encouraged academic research on behalf of the conference to enhance economic growth and stability.
The governor added that the conference promoted the participation of the region’s economic entities to discuss the main issues facing policymakers.
Alshathri also drew on the initiatives launched by SAMA to develop economic and financial research to boost the Kingdom’s economy further, which backs the Saudi Vision 2030 goals.
Held under the patronage of SAMA Governor Fahad Almubarak, the event saw the participation of several central bank officials, senior economic researchers and top international speakers including the vice president of the World Bank Ferid Belhaj.
The conference aligns with SAMA’s continuous efforts to develop research in different fields, as well as promote collaboration with local and international researchers and economists.
