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Saudi finance minister vows reforms and robust recovery next year

G-20 chair predicts more than 3% growth in 2021

Saudi Finance Minister Mohammed al-Jadaan speaks during a media conference in Riyadh in February.   © Reuters

DUBAI -- Saudi Arabian Finance Minister Mohammed al-Jadaan, who chairs the Group of 20 countries this year, talked to Nikkei via videoconference and expressed confidence in ongoing structural economic reforms, saying, "We are likely to see very positive recovery in 2021, north of 3 percent."

Al-Jadaan noted that the coronavirus pandemic has "showed how important [economic reform] is for the Saudi economy." He explained that "the reforms of the past three to four years have also made the government more informed and able to respond more quickly."

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