UAE participates in IMF meeting on Covid-19

SourceEmirates Business

ABU DHABI / WAM Obaid Humaid Al Tayer, Minister of State for Financial Affairs, participated in the meeting that was held by Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), with the governors of the Mena region, Afghanistan and Pakistan on the sidelines of the 2021 IMF/World Bank Spring Meetings. The meeting took place virtually and discussed the latest developments related to the Covid-19 pandemic. and its repercussions on various global economic sectors. Abdulhamid Saeed, Governor of the Central Bank of the UAE, along with finance ministers, central bank governors and leaders of regional financial institutions of the MENA region, Afghanistan and Pakistan participated in the meeting. During his speech, Al Tayer praised the IMF’s efforts to mitigate the repercussions of the unprecedented global health crisis.

He stressed on the importance of this meeting as a platform to share views and devise sound and effective solutions to mitigate the pandemic’s repercussions and achieve post-pandemic economic recovery. Al more...