MoF organises 3 panel discussions at WGS 2025

The Ministry of Finance (MoF) organised 2 high-level sheet discussions connected the opening time of the World Government Summit (WGS) 2025, taking spot from 11th to 13th February successful Dubai.

The sessions brought unneurotic planetary policymakers, fiscal experts, and elder officials to research strategies for strengthening multilateral practice and enhancing the resilience of Gulf economies.
The 2 sessions discussed ways to beforehand planetary fiscal collaboration, code the evolving economical landscape, and place innovative solutions to planetary challenges.

Participants talked astir strategies to make sustainable fiscal policies that heighten stability, growth, and economical resilience successful an epoch of rising planetary uncertainty.
Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs, emphasised that the UAE is committed to strengthening planetary practice and gathering a much resilient fiscal system.
“With the increasing planetary economical challenges, determination is simply a request to reshape multilateral practice mechanisms and boost coordination betwixt fiscal institutions and governments,” helium said. “This acme provides a level to innovate solutions that enactment economical stableness and inclusive growth.”
He added that successful airy of existent geopolitical and economical changes, a broad attack is precise overmuch needed to heighten economical resilience, combining effectual fiscal policies, sustainable investments, and innovative fiscal technologies.
“With its ambitious economical strategy, the UAE volition proceed to play a pivotal relation successful supporting planetary efforts, portion besides enhancing fiscal governance, providing an charismatic concern environment, and utilising modern exertion to make much businesslike fiscal systems,” helium said.
“Through this summit, we look guardant to exchanging experiences and strengthening practice with our planetary partners. This volition further solidify the UAE’s presumption arsenic a starring planetary hub for fiscal and economical dialogue.”
In collaboration with the International Monetary Fund (IMF), the Ministry of Finance hosted a league titled “Reimagining the Future of Multilateral Cooperation and the Fund for the Future.”

The league featured Mohamed bin Hadi Al Hussaini and Kristalina Georgieva, Managing Director of the IMF, alongside concern ministers, planetary officials, and economical experts.
The league explored the challenges facing the multilateral practice system, including rising nationalist and geopolitical trends, clime change, and economical inequality.

Participants highlighted the request for innovative financing mechanisms and an expanded planetary fiscal information nett to code economical crises and enactment processing countries.
Moderated by Dr. Jihad Azour, Director, Middle East and Central Asia Department, IMF, the league explored topics specified arsenic the relation of exertion successful strengthening fiscal systems, aligning planetary networks to support against economical crises, and gathering sustainable frameworks for indebtedness absorption successful countries with susceptible economies.
The league concluded with recommendations to heighten planetary cooperation, restructure fiscal systems for inclusivity, and enactment processing economies successful facing planetary challenges.
Additionally, the Ministry of Finance, successful concern with the GCC General Secretariat, hosted different league titled “Enhancing Resilience: Shaping the Future of the GCC Economy Amid Regional and Global Challenges.” The league brought unneurotic cardinal decision-makers and economical experts to sermon the astir pressing economical challenges facing the GCC and research opportunities for economical resilience and semipermanent sustainable development.
Speakers included Abdullah bin Touq Al Marri, UAE Minister of Economy; Sheikh Salman bin Khalifa Al Khalifa, Bahrain’s Minister of Finance and National Economy; Jasem Mohamed Al Budaiwi, Secretary-General of the GCC; and Kristalina Georgieva.
During the session, Al Marri outlined the evolving planetary economical landscape, emphasising the request to accommodate to a multipolar economical order.

He shed airy connected the aboriginal of commercialized and proviso chains, stressing the value of gathering resilient and sustainable systems.

Al Marri besides provided an overview of “We the UAE Vision 2031,” which aims to thrust economical diversification and innovation, reinforcing the country’s presumption arsenic a planetary hub for commercialized and investment.

He called for deeper practice and integration among GCC countries to unlock shared maturation opportunities and beforehand sustainable economical improvement crossed the region.
Meanwhile, Sheikh Salman bin Khalifa Al Khalifa emphasised the value of adopting flexible fiscal policies to code planetary disruptions.

He outlined lessons learned from managing indebtedness and nationalist spending during times of situation and economical shocks, highlighting the cardinal relation of public-private partnerships successful accelerating maturation and economical diversification.

For his part, Jasem Al Budaiwi discussed opportunities for determination integration arsenic a cardinal operator for enhancing the competitiveness of GCC subordinate states. He emphasised the value of practice successful commercialized policies and infrastructure improvement to fortify economical ties crossed the region.
Moreover, Kristalina Georgieva provided a broad investigation of planetary economical transformations. She discussed however macroeconomic trends including inflation, involvement complaint dynamics, commercialized disruptions, and geopolitical tensions are impacting the economies of GCC countries.

On the 2nd time of the summit, the Ministry of Finance, successful concern with the Arab Monetary Fund, volition big a league titled " The Role of PPPs successful Driving Innovation successful Social Infrastructure."
The treatment volition diagnostic a distinguished lineup of speakers, including Younis Haji AlKhoori, Undersecretary of the Ministry of Finance; Sharif Salim Al-Olama is the Undersecretary for Energy and Petroleum Affairs successful the Ministry of Energy and Infrastructure, Fahad M. Alturki, Director General Chairman of the Board, Arab Monetary Fund, Imad Fakhoury, Global Director for Infrastructure Finance and PPP of World Bank Group and Abdulfattah Sharaf, Chairman of the Board of HSBC Bank Middle East Limited (HBME).
The league volition research however public-private partnerships (PPPs) tin accelerate the implementation of improvement strategies successful societal infrastructure, with a peculiar absorption connected cardinal sectors specified arsenic healthcare and education. It volition item however innovation from the backstage assemblage tin beryllium harnessed to amended the prime of indispensable services, straight enhancing assemblage well-being.
Additionally, the gathering volition sermon ways to integrate planetary champion practices, make palmy concern frameworks, and beforehand innovation successful captious sectors to guarantee sustainable improvement and maximise the interaction of collaboration betwixt the nationalist and backstage sectors.

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