UAE urges adopting effective policies that ensure macroeconomic stability

The UAE, represented by the Ministry of Finance and the Central Bank of the UAE, is participating in the 3rd meeting of G20 Finance Ministers and Central Bank Governors (FMCBG), held under the presidency of South Africa for the year 2025.

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The meeting took place in the city of Durban, bringing together representatives of G20 member states, invited countries, and international organisations.

Led by Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, the UAE delegation featured Younis Haji AlKhoori, Under-Secretary of the Ministry of Finance; Ebrahim Obaid Al Zaabi, Assistant Governor for Monetary Policy and Financial Stability at the Central Bank of the UAE; and Ali Abdullah Sharafi, Acting Assistant Undersecretary for International Financial Relations at the Ministry of Finance.

The meeting is set to explore the progress made on the 2025 priorities set by the South African presidency of the G20. It will conclude with the adoption of the official communiqué, which the UAE contributed to through working group comments and participation in Deputy-level drafting meetings.

The discussions cover a wide range of topics, including the global macroeconomic outlook, international financial architecture, infrastructure development, international taxation, impediments to growth and development in Africa, sustainable finance, financial sector issues and financial inclusion.