Ministry Of Finance Organises Key Panel Discussions On Economic Resilience At WGS 2025

The Ministry of Finance (MoF) initiated two significant panel discussions at the World Government Summit 2025 in Dubai, from 11th to 13th February. These sessions gathered global policymakers and financial experts to discuss strategies for enhancing multilateral cooperation and boosting Gulf economies' resilience. The discussions focused on promoting international financial collaboration and addressing the evolving economic landscape.

Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs, highlighted the UAE's dedication to strengthening international cooperation. He stated, "With the growing global economic challenges, there is a need to reshape multilateral cooperation mechanisms and boost coordination between financial institutions and governments." He emphasised the summit's role in innovating solutions for economic stability and inclusive growth.

The session titled "Reimagining the Future of Multilateral Cooperation and the Fund for the Future" was held in collaboration with the International Monetary Fund (IMF). It featured Mohamed bin Hadi Al Hussaini, Kristalina Georgieva, Managing Director of the IMF, finance ministers, international officials, and economic experts. The session addressed challenges like rising nationalist trends, climate change, and economic inequality.

Another session titled "Enhancing Resilience: Shaping the Future of the GCC Economy Amid Regional and Global Challenges" was organised by MoF with the GCC General Secretariat. Key decision-makers discussed pressing economic challenges facing the GCC. Abdullah bin Touq Al Marri stressed adapting to a multipolar economic order and building resilient systems.

Sheikh Salman bin Khalifa Al Khalifa highlighted flexible financial policies to tackle global disruptions. He shared insights on managing debt during crises and emphasised public-private partnerships' role in growth. Jasem Al Budaiwi discussed regional integration as vital for enhancing GCC competitiveness through trade policies and infrastructure development.

Kristalina Georgieva provided an analysis of global economic transformations affecting GCC countries. She discussed macroeconomic trends like inflation, interest rate dynamics, trade disruptions, and geopolitical tensions impacting these economies.

Public-Private Partnerships in Social Infrastructure

On day two of the summit, MoF will host a session with the Arab Monetary Fund titled "The Role of PPPs in Driving Innovation in Social Infrastructure." Speakers include Younis Haji AlKhoori from MoF; Sharif Salim Al-Olama from Energy and Infrastructure; Fahad M. Alturki from Arab Monetary Fund; Imad Fakhoury from World Bank Group; Abdulfattah Sharaf from HSBC Bank Middle East Limited.

This session will explore how public-private partnerships can accelerate development strategies in social infrastructure sectors like healthcare and education. It will focus on harnessing private sector innovation to improve essential services' quality, directly benefiting community well-being.

The discussions aim to integrate global best practices into successful partnership frameworks. They seek to promote innovation in critical sectors ensuring sustainable development while maximising collaboration impact between public and private sectors.

The summit serves as a platform for exchanging experiences and strengthening cooperation with global partners. This effort solidifies UAE’s position as a leading hub for financial dialogue while supporting global efforts through ambitious economic strategies.

With inputs from WAM