IMF/ World Bank signs agreement with UAE over holding 2029 Annual Meetings in Abu Dhabi
The President of the World Bank Group, Ajay Banga and the Managing Director of the IMF, Kristalina Georgieva, initialled the agreement on behalf of their respective Institutions, while Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, UAE and Khaled Mohamed Balama, Governor of the Central Bank, UAE, signed for the UAE.
The World Bank Group and the International Monetary Fund (IMF) have signed an agreement with the United Arab Emirates to host the 2029 Annual Meetings in Abu Dhabi. The agreement was signed by Ajay Banga, President of the World Bank Group, and Kristalina Georgieva, Managing Director of the IMF, along with Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs of the UAE, and Khaled Mohamed Balama, Governor of the Central Bank of the UAE.
Ajay Banga expressed his excitement about Abu Dhabi hosting the event, emphasizing the significance of the UAE's role in supporting the World Bank's Knowledge Hub on Gender. Kristalina Georgieva praised the UAE's rapid transformation and highlighted the high standards set by Thailand during the recent Bangkok meetings.
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