The development of economic diversification policies in oil-exporting Arab countries, investment and growth in Arab countries, and enhancing flexibility of labour markets for job creation in the Arab region will top the agenda at the upcoming Undersecretaries of Arab Ministries of Finance on January 13-14 in Abu Dhabi.
It will aim to shed light on economic, regional and international challenges and future steps to support economic growth in Arab countries and strengthen investment opportunities. The undersecretaries’ recommendations will be discussed by the Arab ministers of finance in their next meeting in Bahrain in April 2016.
Participants in the meeting include representatives of Arab countries, the International Monetary Fund (IMF), the World Bank Group and experts from financial economic sectors.
In a press release, Younis Haji Al Khoori, Undersecretary of the MoF, said, “The UAE, represented by the Ministry of Finance, seeks to strengthen cooperation and bonds with Arab ministries of finance through forums and meetings to discuss financial and economic coordination.