The UAE Ministry of Finance (MoF) and the Arab Monetary Fund (AMF), in cooperation with the International Monetary Fund (IMF), will organise the seventh annual Arab Fiscal Forum in Dubai on February 12.
This year’s forum will be held under the theme – Fiscal Sustainability in the Arab World beyond the Covid-19 pandemic: Challenges and Opportunities.
They will also organise three dialogue sessions to discuss the key global financial trends on the sidelines of the 2023 edition of the World Government Summit (WGS2023).
7th annual Arab Fiscal Forum
Commenting on the MoF’s participation as a strategic partner in the WGS2023, Mohamed Bin Hadi Al Hussaini, Minister of State for Financial Affairs, said the event will see government leaders, ministers, and finance experts from around the world and representatives of financial bodies coming together to exchange visions, expertise, and successful government experiences in facing the various challenges the world is witnessing.
“Through our participation in the WGS, we are keen to strengthen means of communication, consolidate partnerships, and open fruitful discussions with various international partners on future opportunities and challenges in government financial work,” Al Hussaini said.
Dr. Abdulrahman Al Hamidy, Director General, Chairman of the Board of the AMF, stressed the importance of the forum in exchanging experiences and expertise between Arab countries to discuss fiscal policy challenges in light of the current economic and financial developments.
He also lauded the efforts made by Arab authorities to achieve economic recovery and financial stability and promote comprehensive and sustainable growth.
Ministers of finance and Governors of central banks in Arab countries will attend the seventh annual Arab Fiscal Forum, along with Kristalina Georgieva, Managing Director of the IMF.
The Arab Fiscal Forum will include four sessions – ‘Macroeconomic Developments and Prospects’, ‘Managing Climate Risks and Opportunities: Fiscal Policy and Climate Change’, ‘Managing Fiscal Risks’ and ‘Financing Fiscal Needs: Enhancing Domestic Revenue Mobilization’.
The sessions will examine recent global and regional economic developments and the outlook, with a focus on key fiscal policy challenges and priorities.
More than 30 international organisations, 4,000 senior government officials, experts and private sector leaders will participate in the WGS to explore the future of governments across more than 110 interactive sessions and panels.
It will also have 15 global forums that discuss the most prominent future trends in vital sectors.
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