Qatar Participates in joint meeting of GCC Finance Ministers, Central Bank Governors With IMF
The State of Qatar participated in the joint meeting of the Ministers of Finance and Governors of Central Banks of the Gulf Cooperation Council (GCC) countries, with Managing Director of the Internati...
Qatar took part in a joint meeting involving the Finance Ministers and Central Bank Governors of the Gulf Cooperation Council (GCC) nations, alongside the International Monetary Fund (IMF) Managing Director Kristalina Georgieva. The gathering, held in Manama, Bahrain, saw Qatar represented by Finance Minister Ali bin Ahmed Al Kuwari and Central Bank Governor Sheikh Bandar bin Mohammed bin Saoud Al-Thani.
The meeting's primary focus was on the economic outlook and policy priorities for GCC countries, considering recent geopolitical developments and regional turmoil. It also tackled challenges faced by GCC economies and strategies to maintain financial stability while fostering resilience against economic disruptions from geopolitics and trade.
The discussions revolved around policies promoting economic diversification, private sector-led growth, and structural reforms to create jobs and boost competitiveness. Qatar's Minister of Finance emphasized the need to enhance regional resilience and accelerate economic diversification, viewing ongoing challenges as a catalyst for heightened cooperation and regional integration.
Qatar's Governor of the Central Bank praised the IMF's role in evaluating the economic impact of current events and forecasting future trends. He underscored the importance of ongoing cooperation and dialogue with the IMF to bolster economic and financial stability in the region.
Written by urgent.news from Gulf Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
