RIYADH — The membership of Saudi Arabia in G20 came as a result of its increasing leverage as an exporter and price setter for global energy.
The increase in the volume of its international trade and its financial resources is expected to further hit new highs in the near future and leave an impact on the global economy.
Saudi Arabia adopts financial policies that have a clear impact at the global level, and that affect the global economic activity and trade, as well as a rational policy of investing in global securities.
The growth of the Saudi economy has led to its classification among the best emerging economies in the world, alongside China, India and Türkiye.
This is due also, in no small measure, to the sound economic weight that the Kingdom carries in the Arabian Gulf region, the Middle East and the rest of the Arab countries.
The Kingdom’s membership in the G20…
