(MENAFN- Emirates News Agency (WAM)) Obaid Humaid Al Tayer, Minister of State for Financial Affairs, will head the UAE delegation at the International Monetary Fund and World Bank's semi-annual meetings, which starts this coming Friday in Washington, DC.
The UAE delegation includes Khalid Ali Al Bustani, Assistant Under-Secretary for International Financial Relations at MoF and specialists from the MoF.
Al Tayer and his delegation will hold a series of meetings with international officials and specialists, alongside the IMF and World Bank's semi-annual meetings. These would include meetings with Dr. Jim Yong Kim, President of the World Bank Group, Christine Lagarde, Managing Director of the IMF, Dr. Hazem Al Beblawi, Executive Director of the IMF. The UAE delegation will also be participating in a series of seminars, sessions and closed meetings that will focus on topics relevant to international financial and monetary issues.
Obaid Humaid Al Tayer said, "The UAE is committed to working alongside various countries and international organisation to discuss the latest regional and global developments and exchange expertise. We believe in the need for joint efforts to promote economic growth and support investment developments across various countries."
The meetings will address a range of projects and ideas of global concern in order to support countries in strengthening their global economic outlook, economic development, poverty eradication and aid effectiveness. In addition, a number of seminars will be held, in addition to regional media briefings, press conferences and multiple activities that will focus on the global economy, international development and the global financial system.
Obaid Humaid Al Tayer will head the Arab group during International Monetary and Financial Committee's meeting, which is one of the most important committees in the IMF. He will be representing the countries that fall under the Arab group: Kuwait, Oman, Bahrain, Egypt, Qatar, Lebanon, Jordan, Iraq, Libya, Yemen, Syria, and the Maldives.
He will also participate in the Development Committee of the World Bank meeting, which will discuss international development issues and ways to support it, in addition to the World Bank Group's plans in this regard to promote economic development and poverty eradication in developing countries.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.