Undersecretary of the Ministry of Finance: The UAE has established a flexible economic model based on proactive planning
Dubai, October 23 / WAM / His Excellency Younis Haji Al Khouri, Undersecretary of the Ministry of Finance, confirmed that the UAE has succeeded in establishing an economic model based on flexibility and proactive planning to confront global changes, indicating that the government continues to develop an advanced financial system that supports sustainability, diversifies sources of income, and stimulates innovation.
This came during a student event entitled “Maintaining Economic Flexibility in a World of Uncertainty,” organized by the Ministry of Finance in cooperation with the International Monetary Fund and Zayed University, in the presence of about 150 students from various universities in the country, on the campus of Zayed University in Dubai.
For his part, Jihad Azour, Director of the Middle East and Central Asia Department at the International Monetary Fund, stressed that the performance of the region’s economies has been resilient in the face of global shocks thanks to the shift towards economic diversification.
Azour stressed the need for the region to continue developing policies that enhance resilience and support quality job opportunities for young people, praising the model of cooperation between the Fund and the UAE Ministry of Finance, and calling for investment in digital transformation and artificial intelligence.
The session aimed to provide a dialogue platform between decision-makers and students to deepen understanding of global transformations and discuss ways to support sustainable growth.
The meeting witnessed the presence of Ali Abdullah Sharafi, Acting Assistant Undersecretary of the Ministry of Finance for International Financial Relations, Dr. Russell Williams, Acting Dean of the College of Communication and Media at Zayed University, Thuraya Al Hashimi, Director of the Department of International Financial Relations and Organizations at the Ministry of Finance, and Azza Al Jasmi, Director of the Government Communications Department at the Ministry of Finance.
Professor Dr. Michael Allan, Acting Director of Zayed University, expressed the university’s pride in hosting the meeting, stressing that it is consistent with the university’s vision of preparing a generation aware of economic issues.
The session witnessed broad interaction from students about digital transformation and labor markets, and concluded with a live dialogue round with Mr. Azour.
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