UAE Hosts Fourth Meeting for Council of Arab Ministers of Finance


(MENAFN- Qatar News Agency) The United Arab Emirates will host the Annual Meeting of Arab Financial Institutions and Fourth Meeting for the Council of Arab Ministers of Finance on 2 and 3 April in Dubai. The Annual Meeting of Arab Financial Institutions will be attended by representatives of Arab Fund for Economic and Social Development, Arab Monetary Fund and Arab Investment and Export Credit Guarantee, Arab Authority for Agricultural Investment and Development, Arab Bank for Economic Development in Africa along with the participation of the Ministers of Finance and Central Bank Governors as well as general directors of Arab finance institutions and a number of regional and international observers and delegates, as the meetings are expected to have over 300 attendees. The Fourth Meeting of the Council of Arab Ministers of Finance will address several issues, including mechanisms to strengthen mutual coordination on fiscal policy amongst Arab countries to face the economic and financial developments, and to unify positions in international forums and meetings, as well as manage efforts in strengthening inter-Arab investments and financial flows to and from the Arab countries. Participants will also highlight the issue of food security in the Arab world as well as ways to increase the financial resources of the Arab financial institutions as per the economic summit of Arab leaders that was held in Riyadh earlier this year to increase Arab financial institutions' capital in order to meet the requirements of the Arab countries' populations. According to WAM news agency, the meetings will address the current economic and financial conditions in the region and the opportunities to promote the economies of the Arab countries in to face the global economic obstacles, including support for joint economic projects that will ensure the achievement of economic and social development in the Arab world.  


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