ForumIAS announcing GS Foundation Program for UPSC CSE 2025-26 from 19 April. Click Here for more information.
Why in News?
The Union Minister for Health and Family Welfare has addressed the 4th edition of the Future Investment Initiative(FII) Forum.
Facts:
- Future Investment Initiative(FII): It is an annual investment forum held in Riyadh, Saudi Arabia. The Forum discusses trends in the world economy and investment environment.
- Hosted by: Public Investment Fund of Saudi Arabia (PIF). The first event was held in 2017.
- Purpose of 4th FII: To find solutions on how business and government can expand access to healthcare, train healthcare workers, remove regulatory barriers and encourage investment in advanced health technologies.
Key Highlights from the address: Union Minister has highlighted the five big trends which are influencing global business, due to COVID-19:
- The impact of Technology and Innovation
- Importance of Infrastructure for Global Growth
- Changes coming in human resource and future of work
- Compassion for environment
- Business-friendly governance with a focus on the whole of society and government approach.
Source: PIB
