Sheikh Mohammed congratulates UAE minister elected to top post at IMF, World Bank

Sheikh Mohammed congratulates UAE minister elected to top post at IMF, World Bank

Mohamed Hadi Al Hussaini is heading the UAE delegation participating in the ongoing IMF and World Bank Group Annual Meetings and G20 meetings

By Team KT Published: Sat 15 Oct 2022, 9:53 PM Last updated: Sat 15 Oct 2022, 9:56 PM

The UAE Vice-President on Saturday expressed pride in the election of an Emirati minister to a top position at the International Monetary Fund (IMF) and World Bank.

Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs, has been elected as Chairman of the Development Committee (DC) of the World Bank Group (WBG) and the International Monetary Fund (IMF), which aims to achieve international cooperation and consensus on issues related to development.

The DC is a joint ministerial committee of the Boards of Governors of the Bank and the Fund.

Al Hussaini is heading the UAE delegation participating in the 2022 IMF and World Bank Group (IMF-WBG) Annual Meetings and G20 meetings, which are taking place in Washington DC from October 10 to 16.

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, described the minister as an "important part of the government's work team."

"And the arrival of any Emirati to the world is a