Jasser delivered a speech in which he highlighted Saudi Arabia's role in and contributions to the world economic system and its experience in taking various measures to confront economic developments at the local level. He said that Saudi Arabia adopts an open economic policy despite its great dependence on oil. He added that Saudi Arabia support world economy's stability through its oil policy meeting world oil demand and seeking stable oil prices. The governor reviewed the local financial policy and system in Saudi Arabia stating that the Saudi government paid most of the government debt. The governor highlighted the monetary policy and the role of the Saudi Monetary Agency in securing a financial environment of stable prices in the kingdom and provided a brief explanation of the financial organization and stability. --More