The Central Bank of the United Arab Emirates (CBUAE) published a review of its participation in the International Monetary Fund (IMF) and World Bank Group Annual Meetings in Bangkok, recapping the previously announced agreement to host the 2029 meetings in Abu Dhabi and related preparatory discussions. A memorandum of understanding signed with the National Bank of Georgia covers cooperation and exchanges of expertise in monetary policy, banking supervision, payment systems and financial technology. Wider bilateral discussions with central banks and international financial institutions focused on financial stability, innovation, payments and sustainable finance. The review also cites a forecast of 10% growth in UAE gross domestic product for 2027. It highlights the election of Ali Mohamed Al Hosani as the first Emirati executive director at the IMF.
Central Bank of the United Arab Emirates reviews Bangkok meeting outcomes and cites 10% growth forecast for 2027
The Central Bank of the United Arab Emirates reviewed its Bangkok meeting outcomes, including the previously announced agreement to host the 2029 International Monetary Fund and World Bank Group Annual Meetings in Abu Dhabi. It highlighted cooperation with Georgia and Ali Mohamed Al Hosani’s election as the IMF’s first Emirati executive director. The review also cites a forecast of 10% UAE economic growth for 2027.