The United Arab Emirates Ministry of Finance participated in the International Monetary and Financial Committee (IMFC) Deputies Meeting in Riyadh on 6–7 April 2025, contributing to discussions on global economic challenges and steps to enhance international financial coordination. The UAE delegation was led by H.E. Younis Haji AlKhoori, Undersecretary of the Ministry of Finance, and included Ali Abdullah Sharafi, Acting Assistant Undersecretary for International Financial Relations. The agenda included a session on “Breaking from the low-growth, high-debt path”, a panel on strengthening the global financial safety net through coordination between the International Monetary Fund (IMF) and regional financial arrangements, and an informal closed-door deputies session under Chatham House Rules on IMF operations and governance. Discussions also covered the IMF Managing Director’s global policy agenda and medium-term direction, reviewed the first draft of the IMFC’s official statement and outcome document, and concluded with a session on issues expected to be taken up at the upcoming IMF and World Bank Spring Meetings, including global economic priorities and projected fiscal policies.
Ministry of Finance (United Arab Emirates) 2025-05-19
United Arab Emirates Ministry of Finance joins IMFC Deputies Meeting in Riyadh to discuss global growth, debt and IMF coordination
The UAE Ministry of Finance attended the International Monetary and Financial Committee Deputies Meeting in Riyadh, focusing on global economic challenges and enhancing international financial coordination. Led by H.E. Younis Haji AlKhoori, discussions included breaking from low-growth, high-debt paths, strengthening the global financial safety net, and reviewing the IMF Managing Director’s global policy agenda. The meeting also addressed issues for the upcoming IMF and World Bank Spring Meetings.