Saudi Arabia is fully committed to G20 initiatives: Al-Jasser

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The creation of the G20 reflects the fact that the composition of world economic power is changing, according to the governor of the Saudi Arabian Monetary Agency (SAMA).

Muhammed Al-Jasser added that Asian nations and other developing countries now needed to be integrated into the world's financial and economic architecture.

He was addressing a special conference organized by the global association for leading financial services firms, the Institute of International Finance (IIF).