UAE calls for international collaboration to solve global challenges

The United Arab Emirates has committed to further global collaboration to find solutions to worldwide issues during the 2024 Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) held in Washington D.C.

The UAE delegation was headed by Mohamed bin Hadi Al Hussaini, UAE Minister of State for Financial Affairs, who emphasised the significance of the topics being discussed, and their role in promoting dialogue among stakeholders. 

Al Hussaini held several bilateral meetings with finance ministers from Pakistan, Ethiopia, Poland, the United Kingdom, and the United States of America, where discussions focused on expanding the horizons of joint cooperation and international collaboration to solve global challenges.

Ebrahim Al Zaabi, Assistant Governor for Monetary Policy and Financial Stability at the Central Bank of the UAE, said the meetings provided a valuable platform for fostering dialogue and exchanging perspectives among member nations on global economic developments and growth prospects.

They aimed to bolster international cooperation, fortify the stability of the global financial system, advance efforts towards sustainable development, and devise effective solutions. Additionally, they emphasised the significance of knowledge-sharing and capacity-building among member states, empowering them to foster sustainable growth.