UAE's Ministry of Finance organises 3 panel discussions at WGS 2025
UAE Hosts World Government Summit 2025
Focus on Financial Cooperation and Economic Resilience
The UAE's Ministry of Finance organized two key panel discussions at the World Government Summit 2025 in Dubai, from February 11th to 13th. These sessions gathered global policymakers and financial experts to discuss strategies for enhancing multilateral cooperation and strengthening Gulf economies.
Key Discussions and Participants
Mohamed Hadi Al Hussaini, UAE's Minister of State for Financial Affairs, emphasized the importance of international cooperation to build a resilient financial system. He highlighted the need for innovative solutions to support economic stability and growth amidst global challenges.
In collaboration with the International Monetary Fund (IMF), a session titled "Reimagining the Future of Multilateral Cooperation and the Fund for the Future" was held. It featured Mohamed bin Hadi Al Hussaini, Kristalina Georgieva, Managing Director of the IMF, and other finance ministers. The session addressed challenges like geopolitical trends, climate change, and economic inequality, proposing innovative financing mechanisms and a global financial safety net.
Another session, "Enhancing Resilience: Shaping the Future of the GCC Economy," was hosted with the GCC General Secretariat. Key speakers included Abdullah bin Touq Al Marri, UAE Minister of Economy, and Sheikh Salman bin Khalifa Al Khalifa, Bahrain's Minister of Finance. Discussions focused on economic resilience, sustainable development, and regional cooperation.
Future Sessions
On the second day, a session on "The Role of PPPs in Driving Innovation in Social Infrastructure" will be held, featuring speakers like Younis Haji AlKhoori and Sharif Salim Al-Olama. The session will explore how public-private partnerships can enhance sectors like healthcare and education.
Doubts Revealed
UAE
UAE stands for the United Arab Emirates, which is a country in the Middle East. It is known for its modern cities like Dubai and Abu Dhabi.
World Government Summit
The World Government Summit is a global event where leaders and experts from around the world gather to discuss how governments can improve and work better. It focuses on future trends and innovations.
Financial Cooperation
Financial cooperation means countries working together to manage money and economic policies. This helps them support each other in times of financial need.
Economic Resilience
Economic resilience is the ability of a country or region to recover quickly from economic problems or shocks. It means being strong and stable even when facing challenges.
Mohamed Hadi Al Hussaini
Mohamed Hadi Al Hussaini is a key figure in the UAE government, likely involved in financial matters. He helps make important decisions about the country's economy.
Kristalina Georgieva
Kristalina Georgieva is an important person in the world of finance. She is the Managing Director of the International Monetary Fund (IMF), which helps countries manage their economies.
Multilateral Cooperation
Multilateral cooperation means many countries working together on common goals. It involves collaboration between multiple nations to solve global issues.
Public-Private Partnerships
Public-private partnerships are collaborations between the government and private companies. They work together to build and manage projects like roads, schools, or hospitals.
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