Abu Dhabi (Etihad)
Younis Haji Al-Khoury, Undersecretary of the Ministry of Finance, met today with the Article IV Consultations Mission at the International Monetary Fund, through visual communication techniques, to discuss the latest financial and economic developments of the country. The International Monetary Fund, the head of the mission, Ali Al-Eid, and a number of the fund’s employees.
Younis Haji Al-Khoury stressed the importance of the consultations that the Ministry of Finance is conducting with the International Monetary Fund, to see the opinions of experts regarding the country’s financial policies.
He said: “The Ministry of Finance is keen to continue working and coordinating with all strategic partners, led by the International Monetary Fund, to advance the financial and monetary policies in the country and ensure its adherence to best practices and international standards.” The meeting met several issues related to the financial response put in place by the UAE to face the repercussions of Covid-19, the progress made in the financial framework at the UAE level, government financial resources, the federal budget of the UAE, financial performance and financial operations for the year 2021-2022, the country’s macro-financial policies, and debt year to end of 2021, release plans, and other topics of common interest.
It should be noted that the Article IV Consultation Mission will hold a series of virtual meetings with the rest of the concerned authorities in the country, during the period from February 28 to March 10, 2022.