“Finally, my visit marked another important milestone in our partnership with the region. We are taking our cooperation to a new level by establishing an IMF regional office in Riyadh. It will spearhead engagement with regional institutions, strengthen relationships with country authorities, and help expand the IMF’s capacity development activities—which will make it one of the largest contributors globally. I would like to thank the government of Saudi Arabia for its generous commitment to investing in building capacity in countries across the region.” 

-Kristalina Georgieva, International Monetary Fund Managing Director following her two-day visit to Saudi Arabia. [International Monetary Fund]