The United Arab Emirates has reinforced its position on the global financial stage following its participation in the Spring Meetings of the World Bank Group and the International Monetary Fund, held in Washington, D.C. from April 13 to 18.
Led by Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, the UAE delegation participated in a series of multilateral sessions and high-level bilateral meetings to strengthen partnerships with international financial institutions and global counterparts.
Discussions focused on the global economic outlook, financial stability, and ways to build resilience across the international financial system amid ongoing economic uncertainty.
Al Hussaini said the UAE’s participation in this year’s Spring Meetings delivered outcomes that further strengthen the country’s standing as a global financial hub.
“The UAE remains committed to supporting international efforts that promote financial stability and strengthen effective partnerships capable of responding to changing economic conditions,” he said.
He added that the country plans to build on the outcomes of the meetings to expand cooperation with international partners, support sustainable economic growth, and reinforce its role in shaping the global economy’s future.
The UAE delegation also participated in G20 meetings, where discussions centered on the global growth outlook and challenges linked to economic expansion and financial stability.
According to Al Hussaini, stronger international coordination will be essential to addressing global economic challenges and supporting more inclusive and sustainable growth.
As part of the International Monetary and Financial Committee meetings, the UAE also discussed recent global economic developments and measures to strengthen financial system resilience.
Al Hussaini noted that balanced and flexible fiscal policies will play an important role in helping the global economy navigate future challenges.
The Emirati delegation additionally joined a meeting of finance ministers and central bank governors from the Middle East, North Africa, Afghanistan, and Pakistan region with the IMF’s managing director, focusing on regional economic challenges and ways to support financial stability.
On the sidelines, the delegation held bilateral discussions with international partners and representatives of global financial institutions, exploring opportunities for knowledge exchange, finance, and development.
Meanwhile, Younis Haji AlKhoori, Undersecretary of the Ministry of Finance, led the UAE delegation at the BRICS meetings, which included deputy finance ministers and central bank governors.
The talks explored ways to strengthen cooperation among emerging economies and expand financial and economic partnerships.
AlKhoori said the UAE remains focused on supporting international efforts that promote economic integration and create new avenues for cooperation that contribute to global economic stability.
He added that the Spring Meetings provided a platform to strengthen international relations, open new channels for collaboration, and deepen knowledge exchange with global financial institutions.
“We are committed to translating these outcomes into practical initiatives that support the UAE’s economic priorities and strengthen the readiness of its financial system to adapt to global changes,” he said.
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