The Ministry of Finance and the WBG launch the “Saudi scholarship program”

RIYADH – The Saudi Ministry of Finance and the World Bank Group (WBG) on Thursday launched the “Saudi Bursary Program”, which will provide job opportunities for Saudi nationals at the WBG headquarters in Washington or in one of its country offices.

The program aims to identify, develop and develop Saudi professionals; strengthen the skills of young Saudi talent in technical areas of critical importance for sustainable development; and increase Saudi representation in the WBG.

Under this program, Saudi scholars will benefit from exposure to an international working environment, on-the-job training and learning opportunities, as well as mentorship and development. leadership in accordance with international best practices.

Abdulaziz Alrasheed, Deputy Minister of Finance for Macro-Fiscal Policies and International Relations, signed the agreement on behalf of the Ministry of Finance, while Issam Abousleiman, World Bank Regional Director for the GCC, signed on behalf of of the WBG.

Alrasheed said: “We are delighted to launch this program in partnership with the WBG which draws on decades of sustainability experience and has a unique set of technical expertise due to its broad exposure to a variety problems in the field of development”. He added that “this program is part of the Kingdom’s Vision 2030 which aims to build the capacities of young talents locally and globally and ensure that they are equipped for the jobs of the future”.

Abousleiman said, “The World Bank Group, in partnership with the Saudi government, is launching a scholarship program for Saudi nationals. The program aims to recruit young Saudi talent in technical fields of critical importance to the global development agenda.

The program offers a unique opportunity for qualified people with a passion for international development to help solve some of the world’s most pressing problems. Opportunities will involve working with governments, civil society groups, the private sector and others in developing countries around the world, and in all areas of development, from policy and strategic advice to identifying, preparation, appraisal and supervision of development projects. This program will help Saudi talents build their technical capacity and prepare them for leadership positions in international and regional organizations.

The agreement is part of a larger effort launched by the Ministry of Finance through the Saudi Executive Office of the World Bank to identify, develop and develop national professionals within the WBG.

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