Money and business

The Ministry of Finance participates in the World Summit of Governments 2025 with an active agenda that enhances financial flexibility and innovation

Dubai, February 9 / WAM / The Ministry of Finance participates in the activities of the “World Government Summit 2025”, which begins in Dubai tomorrow and continues until February 13th, under the slogan “Future Governments foresight”, with an active agenda and distinguished initiatives aimed at enhancing cooperation with international partners The Ministry will also organize tomorrow, on the preliminary day of the summit, “The Ninth Forum for Public Finance in the Arab Countries”.
His Excellency Muhammad bin Hadi Al -Husseini, Minister of State for Finance, stressed the importance of the Ministry of Finance’s participation in the World Summit of Governments 2025, which is a prominent international platform to anticipate the future of government work and enhance dialogue on global economic issues; He said that the Ministry’s participation comes within the framework of its commitment to supporting initiatives that contribute to developing sustainable financial policies that enhance economic growth and face global challenges.
His Excellency added that the World Government Summit provides a unique opportunity to exchange experiences and visions on how to develop government work through innovation and technology, which contributes to building more flexible and sustainable societies, and the Ministry of Finance seeks through this participation to highlight the best financial practices, and to enhance cooperation with International partners to achieve common goals.
(Public Finance Forum)
The Ministry of Finance is organized within the work of the preliminary day for the summit tomorrow, “The Ninth Forum for Public Finance in the Arab Countries”, in cooperation with the Arab Monetary Fund and the International Monetary Fund, and the forum will be held in the presence of Excellencies of Finance Ministers and Central Banks Governors in the Arab countries, and His Excellency Crystalina Georgiva, Director General of the International Monetary Fund And His Excellency Dr. Fahd bin Muhammad Al -Turki, Director General and Chairman of the Board of Directors of the Arab Monetary Fund, and a number of senior officials and specialists in regional and international institutions.
In this context, His Excellency Muhammad bin Hadi Al -Husseini stressed that the forum is a pivotal part of the summit activities, as it aims to discuss ways to enhance public financial flexibility in light of global economic challenges, and pointed out that the forum will provide an important platform to discuss public debt issues, sustainable development, and change Climate, which contributes to supporting Arab economies and enhancing their ability to adapt to the accelerated economic variables.
The forum will be held this year under the title “Public Finance Flexibility in a world shrouded in uncertainty … achieving a balance between the requirements of development, climate work and the sustainability of debt”, and it includes four dialogue sessions in addition to the closing session “The Ministerial Table Meeting”, where the first session entitled “developments” comes The macroeconomic economy and its repercussions on public finances, “which highlights the developments of the current macroeconomic economy at the regional and international levels with a focus on the complications of the geo-economic scene, which is witnessing continuous changes.
The second session, entitled “Options for designing public financial policies to face increasing debt pressures”, addresses high debt issues, a large budget deficit, and high benefits payments, which constitute increasing challenges facing many countries, while the third session entitled “Enhancing financial policies to support the ability Adapting climate change, “on the large economic cost imposed by climate change on the region, as well as reviewing the policies needed to enhance the ability to adapt to this challenge.
Under the title “Structural Transformations … Re -Design Tax Systems to keep pace with major structural economic transformations”, the fourth session deals with the scope of the development of tax systems in the Arab region, with a focus on meeting the needs of harnessing revenues to finance increased spending, and how artificial intelligence and technology can enhance the efficiency and effectiveness of systems Tax.
(The future of multi -party cooperation)
The Ministry’s participation on the first day of the summit is witnessing the organization of a session entitled “Re-visualization of the Future of Multilateral Cooperation and the Future Fund”, in cooperation with the International Monetary Fund, where the discussion axes will focus on how to maintain multilateral cooperation on its effectiveness in the midst of the changing global scene and geo-economic risks , And the roles specified for international financial institutions, donors and countries in terms of multilateral support, as well as how to enhance the global financial safety network.
(Promoting flexibility)
The Ministry of Finance and the General Secretariat of the Cooperation Council for the Arab States of the Gulf is also organizing a dialogue session entitled “Promoting flexibility … forming the future of the Gulf Cooperation Council economy in light of regional and global challenges”, dealing with national financial policies in the face of global turmoil, public and private sectors, and highlighting On cooperation in commercial policies, infrastructure and joint economic strategies, in addition to discussing the role of strategies for the visions of the Gulf Cooperation Council countries in the situation of member states as leading countries in the global economic scene, and “Vision 2031 .. Forming the economic future of the United Arab Emirates through diversification and innovation” .
(The activities of the second day)
During the activities of the second day of the summit, the Ministry of Finance will hold a session entitled “The role of partnership between the public and private sectors in pushing innovation in social infrastructure” in cooperation with the Arab Monetary Fund, and the session aims to study the capabilities of partnerships between the public and private sectors in accelerating the implementation of development strategies in the sector Social infrastructure, with a special focus on the vital sectors, such as health care and education, and the session highlighting the ways through which the innovation of the private sector can be used to improve the quality of basic services that directly affect the welfare of society.
(International Regional Tax Forum)
The Ministry will also organize on the second day of the summit, the International Regional Tax Forum, with the participation of a group of leaders of thought, economic experts, government officials and representatives of companies from around the world, where the forum will address the most important developments and vital reforms in the international tax scene, including information exchange topics, electronic bills, And the rule of tax from the second pillar.
It is noteworthy that the Global Summit of Governments 2025 is witnessing a record international participation by hosting more than 30 heads of state and government, 140 government delegations and more than 80 international and regional organizations, and includes 21 global forums looking at major global future trends and transformations in more than 200 major dialogue and interactive sessions, in which he speaks more From 300 international personalities of presidents, ministers, experts, thinkers and decision makers, in addition to holding more than 30 round tables and ministerial meeting, with the participation of more than 400 ministers, while the summit issued 30 strategic reports in cooperation with international knowledge partners.
The summit constitutes a university platform aimed at elaborating the future of government work around the world and supporting future governments’ work programs with a focus on harnessing technology and innovation to face the current challenges, as it is a global field for the exchange of knowledge between governments, and through knowledge reports seeks to enhance international dialogue on the most prominent global trends in The vital sectors that contribute to building future trends, developing future policies, strategies and plans that enhance governments’s readiness and flexibility for the next stage of development.

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