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Oman participates in Fourth International Conference on financing for development in Spain

The Sultanate of Oman is participating in the Fourth International Conference on Financing for Development, currently taking place in Seville, Spain.

TAS News Service

info@thearabianstories.com

Tuesday, July 1, 2025

Seville: The four-day conference will address global financing challenges and advancing reforms to the international financial architecture.


The Sultanate of Oman’s delegation is headed by His Excellency Sultan bin Salem Al Habsi, Minister of Finance, and attended by His Excellency Ahmed bin Jaafar Al Musalmi, Governor of the Central Bank of Oman, and a number of officials.


The conference brings together global leaders, representatives of international and regional organizations, financial institutions, the private sector, civil society, and UN agencies to explore innovative and effective financing mechanisms that can help bridge the development and economic gaps between the global North and South.


Key topics under discussion include reforming the global financial system, mobilizing sustainable financing for developing countries, and removing barriers that hinder investment aligned with the Sustainable Development Goals (SDGs).


On the sidelines of the conference, participants adopted a final document known as the “Seville Commitment,” which reflects a renewed international consensus on redefining public policy and institutional frameworks surrounding development financing. The document is seen as a first step toward comprehensive global financial reform aimed at enabling inclusive and sustainable growth.

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