Islamabad, Feb 16: The inaugural AlUla Conference for Emerging Market Economies kicked off today in AlUla, Saudi Arabia, bringing together key global economic stakeholders, including finance ministers, central bank governors, and policymakers. Pakistan’s Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, is attending the prestigious event at the special invitation of his Saudi counterpart, Mohammed Al-Jadaan.

Jointly organized by the International Monetary Fund (IMF) and the Saudi Ministry of Finance, the two-day conference focuses on strategies for building resilience and fostering sustainable economic growth amid ongoing global financial challenges. With 200 participants, 36 speakers, and representatives from 48 countries, the event serves as a high-level platform for shaping economic policies for emerging markets.

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Senator Aurangzeb is set to participate in a panel discussion titled ‘Navigating the Path for Resilient Emerging Markets,’ moderated by IMF Managing Director Kristalina Georgieva. Finance ministers from Egypt, Brazil, and Türkiye will join him in the discussion, highlighting key economic trends and challenges facing emerging economies.

The AlUla Conference is envisioned as an annual gathering to strengthen international cooperation, enhance policy coordination, and drive economic stability in emerging and developing economies. With discussions focusing on economic resilience and long-term growth strategies, the event is expected to play a critical role in shaping global financial discourse.

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